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Post Sells Multifamily Asset for $44.8M

Centennial Picks Up 434 Units in Atlanta
By Jeremy Adams
July 27, 2009 | 7:45 P.M.

Atlanta-based REIT Post Properties Inc. sold the 434-unit Post Ridge Apartment Community in Atlanta to an affiliate of Centennial Holding Co. LLC for $44.8 million, or about $103,225 per unit.

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