MAA Announces Acquisition

MAA MAA announced today that it has completed the acquisition of Tattersall at Tapestry Park, a 279-unit upscale apartment community located in the highly desirable Southeast sub-market of Jacksonville, Florida. Tattersall at Tapestry Park is a condo-quality community developed in 2009 as the second phase of a mixed-use development project. The first phase of the development, which was not acquired by MAA, includes condominiums, retail and office space, restaurants and a hotel. The acquired community includes a four-story parking garage, a lakefront walking trail, sundeck pool and numerous other resident facilities. The individual units include ceramic tile kitchen and baths, granite countertops, 42" cherry cabinets, brushed nickel fixtures and stainless steel appliances.