In the past sixty days, condo sales at the upscale St. Regis Atlanta have been on fire.
Between 1 December 2014 and 31 January 2015, The Residences at The St. Regis Atlanta sold five units for $3 million or more each, totaling $16,507,130, demanding the highest price per square foot in the city. According to the owner, Tavistock Group, the trend of sales to current owners looking to expand within the building helped boost sales figures heading into 2015.
“The Residences at The St. Regis Atlanta achieved tremendous success in 2014 with nearly $18 million in sales, and the activity in early 2015 signals another strong year,” said Douglas McMahon, senior managing director of Tavistock Group. “With just over ten residences left, we have limited inventory – this product offering clearly matches the needs of the affluent market in Atlanta.”
(The ritzy St Regis Hotel and Residences is home to some of Atlanta's most expensive condos.)