FOR IMMEDIATE RELEASE
CONTACT:
NICKOLAY BOCHILO
336.232.1900
July 14, 2010
Bell Partners Buys Luxury Atlanta Property
Bell Partners has joined with an ownership group to purchase The Heights at Cheshire Bridge, a gated, multifamily community in Atlanta, GA.
The acquisition was made by Bell Fund III and the Bell-sponsored ownership entity. The Heights at Cheshire Bridge is the fourth purchase made by Bell Fund III and it will be managed by Bell, a real estate investment and management firm headquartered in Greensboro, NC.
Nickolay Bochilo, Bell's vice president of investments, commented, "This is the kind of investment Bell Partners has been most proud of over the years. It is a high-quality property with great potential for our investors."
The new Bell property has 318 units on 11 acres and offers one, two and three-bedroom apartment homes. The average floor plan has 1,021 square feet. The Heights at Cheshire Bridge was built in 2001 and comprises eight separate buildings and a clubhouse.




