February 28, 2016

Pollack Shores Enters into Raleigh Market with Two Luxury Multifamily Projects

POLLACK SHORES ENTERS INTO RALEIGH MARKET WITH TWO LUXURY MULTIFAMILY PROJECTS

Atlanta, GA/Raleigh, NC (February 16)Pollack Shores Real Estate Group (“PSREG”), which recently won the National Association of Home Builders Development Firm of the Year award, announced plans to build two upscale, multifamily developments. The Dakota is located on Nowell Road while the property on Davis Drive whose name has yet to be decided can be found at the corner of Davis Drive and Hopson Road in Research Triangle Park. Both developments will open in the Raleigh market in early 2017.

The property on Davis Drive will have 330-units and The Dakota will consist of 314-units. Each project will boast top-of-the-line finishes including granite countertops, stainless steel appliances and plank flooring.

Residents at The Dakota will be able to indulge at the resort-style pool and courtyard with a bocce ball court, a state of the art fitness facility and a dog park. Residents at the property on Davis Drive will enjoy a second floor fitness center complete with yoga and spinning rooms, a clubroom including an upscale kitchen and café, a resort style pool and courtyard, and a community gaming and TV lounge.

“The access to competitive academic institutions and high-paying technology and public sector jobs create a very strong economy in Raleigh,” says Pollack Shores’ Managing Director, Michael Blair, “These two conveniently located luxury communities will allow individuals to be in the heart of the city’s boom and enjoy some of the best amenities in the area.”

The Dakota and the property on Davis Drive are scheduled to have the first units available to residents in early 2017. Matrix Residential, the award-winning multifamily residential management division of Pollack Shores, will manage the property.

Pollack Shores’ most recent projects include Myers Park Place, a 273-unit community in Charlotte with easy access to The Greenway, The Gibson, a 250-unit project in the trendy Plaza Midwood area of Charlotte, The Monroe, an upcoming 217-unit community, adjacent to Bobby Jones Golf Course and Atlanta Memorial Park in Buckhead and Havana Square a 217-unit project near the downtown area of Tampa. Pollack Shores is also spearheading the residential portion of The Atlanta Braves mixed-use development in Cobb County dubbed The Battery Atlanta.

About Pollack Shores Real Estate Group, LLC: Pollack Shores is an award-winning full service real estate company creating value through multifamily investment opportunities in the Southeast. Founded in 2006, the Atlanta-based company currently manages a balanced portfolio of over 13,000 units representing in excess of $1.3 billion in total assets. Pollack Shores fully embraces the core value of service to its community, its residents and its clients. For more information, please visit www.pollackshores.com.