October 12, 2021 (Atlanta, Georgia) – Lee & Associates Atlanta is pleased to represent Equity Residential in the purchase of Novel Upper Westside located at 2265 Marietta Blvd. Allen Eager, Director with Lee & Associates, assisted Equity Residential jumping back into the Atlanta market after a decade absence. This is Mr. Eager’s second time representing Equity Residential this year.
The Chicago-based multi-family investment firm paid $122 million for the 345-unit complex, now named Luna Upper Westside. The apartments are part of a redevelopment at Moore's Mill and Marietta Boulevard that includes a 45,000-square-foot Publix.

Allen Eager says, “Lee & Associates welcomed the opportunity to represent Equity Residential (EQR) in the acquisition of Crescent Communities’ Novel Upper Westside project. This transaction typifies EQR’s acquisition of Best-in-Class Multi Family product as it seeks to reintroduce itself into Atlanta’s multi-family marketplace.”