Banner Real Estate Group Affiliate Acquires Multifamily Community in Fitchburg, WI
August 12, 2021
An affiliate of Banner Real Estate Group has purchased 1 Glenn Place, a 191-unit, luxury apartment community located in affluent Fitchburg, Wisconsin, a premier suburb of Madison.
Spanning 7.57-acres, 1 Glenn Place offers a variety of home styles, including flats and townhomes with direct access entries and garages. The homes feature a tasteful modern design scheme appointed with condo-quality fixtures and finishes such as extra kitchen storage, ample lighting, high-end closet systems, and smart fixtures that contribute to an elevated rental experience. From the spacious outdoor resort-style Baja shelf pool and sundeck to the elegant entertaining spaces, the amenities at 1 Glenn Place are richly appointed, functional, and thoughtfully sized for an apartment community.
"1 Glenn Place offers incredible access to employment centers and an urban lifestyle, while still providing a quiet and enjoyable place to live. Acquiring this class-A property is a great strategic addition to our portfolio and footprint in Madison," says Scott Levine, Chief Investment Officer - Acquisitions for Banner.
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