{"id":2356,"date":"2017-12-28T16:25:31","date_gmt":"2017-12-28T21:25:31","guid":{"rendered":"\/?p=2356"},"modified":"2019-03-22T14:56:59","modified_gmt":"2019-03-22T18:56:59","slug":"gid-purchases-luxury-188-unit-multifamily-community-delray-beach-florida","status":"publish","type":"post","link":"https:\/\/gid.com\/gid-purchases-luxury-188-unit-multifamily-community-delray-beach-florida\/","title":{"rendered":"GID Purchases a 188 Unit Luxury Multifamily Community in Delray Beach, Florida"},"content":{"rendered":"

Boston, MA \u2013 (December 28, 2017) – GID announced today that it has acquired Delray Preserve, a 188 unit apartment community located in Delray Beach, Florida. \u00a0The property is situated along Federal Highway near the Intracoastal Waterway and provides excellent access to many of South Florida\u2019s largest employment centers as well as to \u00a0Atlantic Avenue, a lively, pedestrian-friendly retail corridor with dozens of well-regarded restaurants and shops.<\/p>\n

Built in 2016, the garden-style property consists of seven residential buildings and one single story clubhouse with surface parking and a limited number of private garages. \u00a0The \u00a0community offers a mix of one bedroom, two bedroom and three bedroom units, with an overall average unit size of 1,089 square feet. \u00a0Unit finishes consist of 9 foot ceilings, quartz countertops, subway tile backsplashes, hard surface flooring in all rooms, Nest thermostats, and wine refrigerators. Community amenities include a large swimming pool and club room, fitness center, business center, and outdoor grills and seating area.<\/p>\n

Jesse Shapiro, Vice President of Acquisitions at GID commented, \u201cThis transaction provided an opportunity to acquire a newly constructed apartment community in the city of Delray Beach.\u00a0 The property\u2019s close proximity to Atlantic Avenue offers residents a unique downtown environment that is rare in South Florida. \u00a0We are pleased to add such a high-quality asset into our expanding Florida portfolio.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Boston, MA \u2013 (December 28, 2017) – GID announced today that it has acquired Delray Preserve, a 188 unit apartment community located in Delray Beach, Florida. \u00a0The property is situated along Federal Highway near the Intracoastal Waterway and provides excellent access to many of South Florida\u2019s largest employment centers as well as to \u00a0Atlantic Avenue, […]<\/p>\n","protected":false},"author":32,"featured_media":2352,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[45],"tags":[],"class_list":["post-2356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gid-in-the-news"],"acf":[],"yoast_head":"\nGID Purchases a 188 Unit Luxury Multifamily Community in Delray Beach, Florida - GID<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gid.com\/gid-purchases-luxury-188-unit-multifamily-community-delray-beach-florida\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GID Purchases a 188 Unit Luxury Multifamily Community in Delray Beach, Florida - 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