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04 March 2015

5 Upscale Condos at The St. Regis Atlanta Sell for Over $3 Million . . . Each

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.)
Located at 88 West Paces Ferry Road in Buckhead, the St. Regis Atlanta Hotel & Residences (shown right) is a 26-floor development featuring 151 luxuriously appointed guest rooms and suites, 53 St. Regis Residences, more than 16,000 square feet of contemporary meeting and event space, two exclusive bars, world-class culinary options, a state-of-the-art fitness facility that overlooks an exquisite 40,000-square-foot Pool Piazza and poolside Bar, and a 7,800-square-foot Rem├Ęde Spa.