Award-winning, multi-family residential developer, Norhart, based in Forest Lake, Minnesota, announced today that 50% of Phase One at Lexington Lofts have been leased exclusively by Apartment Lease-Up Experts (www.apartmentleaseupexperts.com). Phase One’s 95 apartments opened for move-in on June 15, 2021, and 48 as of today are occupied. Upon completion, Lexington Lofts will have 300 apartment homes including studios and one- to three-bedroom units in a prime location at 9001 Griggs Avenue, Circle Pines, MN 55014, on the corner of Griggs Avenue and Restwood Road in the heart of Lexington, 15 miles from the Minneapolis.
Lexington Lofts range from $1,423.00 for a studio to $2,506.00 for a 3-bedroom apartment. First-class amenities include:
Norhart is a leading construction and management company that owns and manages multi-family residential properties throughout the Twin Cities and is based in Forest Lake, Minnesota. Norhart previously used Apartment Lease-Up Experts to bring Encore and Green Gateway Apartments, both in Forest Lake, to over 90% capacity in 60 days.
According to Santiago Illia, Founder of Apartment Lease-Up Experts, “We’ve enjoyed great success with our Norhart partners as we most recently took two of their properties, Encore and Green Gateway from 30% occupancy to above 90% in 60 days by leasing 73 apartment total. For Lexington Lofts, we have leased 48 homes in just 30 days.”
About Apartment Lease-Up Experts
Santiago Illia, President & Founder of Apartment Lease-Up Experts, is an active member of NAA, FAA, SEFAA and AAGO. For the last six years he had been advocating in Washington D.C. for NAA and Tallahassee for FAA for the Multifamily Industry. In 2002, he began his career in the Multifamily Real Estate industry, where he worked with companies completing lease-ups for their properties. After five successful years in the field, he started his own company to bring a new approach to the market. Always present and involved with each project, Santiago has a hands-on approach and encourages the same for all his staff.
Sasha Ezquerra, Partner & Vice President at Apartment Lease-Up Experts, is a top-rated professional with 25 years of sales and marketing experience with demonstrated ability to lead diverse business teams to new levels of success in highly competitive markets. Sasha has worked with the top luxury real estate firms in the U.S., including Douglas Elliman, One Sotheby’s and The Agency.
Based in South Florida, Santiago and Sasha, both from Argentina, are trilingual in English, Spanish, and Portuguese.
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Source: Apartment Lease-Up Experts