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Streets of Greenbrier Apartment Community in Chesapeake Now Open and Almost Fully Leased

Wood Partners Has Leased 81 Percent of 280 Luxury Apartments Next to Chesapeake Mall

CHESAPEAKE, VA -- (Marketwired) -- 06/19/14 -- Wood Partners, L.L.C announced today that it has completed construction on Streets of Greenbrier, a luxury apartment community adjacent to the Greenbrier Mall, and already has leased 81 percent of the 280 units.

"We owe a special thanks to the many people who played a role in the development and construction of this project," said Carter Siegel, regional development director for Wood Partners' East Region. "Our team has worked extremely hard to make Streets of Greenbrier one of the best communities in the Chesapeake area."

The 280 unit project at 929 Wintercress Way, which was in development for several years, sits on approximately 13.8 acres next to the Greenbrier Mall and within a two-mile radius of Chesapeake's most vibrant shopping, dining and nightlife areas. The community includes one- two- and three-bedroom floor plans and lofts in three- and four-story buildings and seven carriage units. The carriage units, which afford more privacy and make transitioning from a house to an apartment easier for renters, have been extremely popular.

Floor plans range from 737 to 1,290 square feet. All units will have either patios or sunroofs. Amenities include a swimming pool, courtyards with grilling areas, a dog park, play area and a car care center for washing and vacuuming vehicles. A clubhouse spanning 6,500 square feet will house a Cyber Café, 24-hour state-of-the-art fitness center and a Wii gaming area.

KBS, Inc. was the general contractor, and Cline Design Associates was the architect.

About Wood Partners
Wood Partners is a national real estate company that acquires, develops, constructs and property manages high density and mixed-use communities. It ranks consistently among the top five multifamily developers in the country. Through quality construction, responsible land development and intelligent design, our communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the acquisition and development of more than 49,000 homes with a combined value of more than $7.6 billion nationwide. The company currently owns 77 properties with a combined total of 20,200+ units. Wood Partners has offices in 16 major markets nationwide including Atlanta, Baltimore, Delray Beach/South Florida, Boston, Charlotte, Dallas, Denver, Houston, New York, Southern California, Orlando, Phoenix, Raleigh-Durham, San Francisco, Seattle, and Washington, D.C. To learn more about Wood Partners, please visit our website, www.woodpartners.com.

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