Bell Sells Three Triad Properties as Part of Larger Deal

Bell Partners recently sold eight properties for $140 million to a New Jersey-based firm and three of those properties are based in the Triad:

A New Jersey-based firm has purchased three Triad apartment complexes from Greensboro-based Bell Partners Inc., an apartment investment and management company, for $67 million.

The sale of Steeplechase at Adams Farm and Park Forest in Greensboro and Deep River Pointe in High Point was part of a larger sale by Bell of eight properties — five in Arkansas — for more than $140 million. Bell Partners will continue managing the North Carolina properties.

According to the article Bell will continue to manage the three Triad properties.