NASHVILLE, Tenn., April 23,
2024 /PRNewswire/ -- Thompson Thrift, a full-service
nationally recognized real estate company, announced today the sale
of Oakbrook Townhomes, an 89-unit multifamily community located in
the Nashville suburb of Franklin.
The Nashville Walker & Dunlop team brokered the sale.
"The Nashville region has
flourished in recent years and its population growth continues
today," said Josh Purvis, managing
partner for Thompson Thrift Residential. "We developed Oakbrook
Townhomes to address the strong local demand for rental housing
options, and we're proud to have delivered another high-quality,
luxury multifamily community through our focus on operational
excellence."
Located off Mallory Station Road, Oakbrook Townhomes is a 6-acre
community that offers three-story attached rental homes. The two-,
three- and four-bedroom luxury townhomes feature designer
interiors, attached garages, quartz countertops, stainless steel
and energy-efficient appliances, full-size washers and dryers, and
much more. Thompson Thrift completed construction on the community
in March 2023.
Oakbrook Townhomes is 91% leased and offers residents a variety
of community amenities including a resident social lounge; a
24-hour, fully equipped fitness center; a resort-style pool and
spa; and a dog park, to name a few. The community is fully
landscaped and features mature pine trees, many as tall as the
townhomes themselves, helping to give the community a lush, mature
feel.
Nashville is one of America's
fastest-growing metro areas and is known as the center of the music
industry. Franklin is the county seat of Williamson County, which is home to seven
Fortune 500 companies, including Nissan North America; the
confectionary and pet food company Mars Inc; and Tractor
Supply.
Thompson Thrift is a full-service real estate development
company focused on ground-up commercial, residential, and mixed-use
development across the Midwest, Southeast and Southwest. The
company continues to expand its footprint with eight new
residential developments targeted for 2024, including new markets
in Georgia, Utah and Idaho.
Since its founding nearly 40 years ago, Thompson Thrift has
invested more than $5 billion into
local communities and has become known as a trusted partner
committed to developing high-quality, attractive commercial and
multifamily communities.
About Thompson Thrift Real Estate
Company
Thompson Thrift is an integrated full-service
real estate company with offices in Indianapolis and Terre Haute, Indiana; Denver; Houston and Phoenix. Three business units drive Thompson
Thrift's success—Thompson Thrift Residential which is focused on
upscale Class A multifamily communities and luxury leased homes,
Thompson Thrift Commercial which is focused on ground-up commercial
development, and Thompson Thrift Construction, a full-service
construction company. Through these business units, Thompson Thrift
is engaged in all aspects of development, construction, leasing,
and management of quality commercial real estate projects across
the country. The company earned national recognition as a winner of
a 2024 Top Workplaces USA award,
the latest accolade that reflects the company's ongoing commitment
to excellence in the community and workplace. For more information,
please visit www.thompsonthrift.com
Contact:
Jennifer Franklin
Spotlight Marketing
Communications
949.427.1385
jennifer@spotlightmarcom.com
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SOURCE Thompson Thrift