**Garrett Companies Acquires Centennial Property for 368-Unit Apartment Project**
The Garrett Companies has finalized the purchase of three parcels of land in Centennial, Colorado, for a total of $22.7 million, marking the beginning of a new multifamily development. The site, located at 6901 S. Havana Street, is currently occupied by a 130,000-square-foot office building slated for demolition to make way for the upcoming Garrett Centennial Apartments.
The planned development will feature 368 residential units across 14 buildings on nearly 19 acres. The project promises a range of amenities, including a swimming pool, spa, amenity courtyard, playground, dog park, and multiple grilling stations.
Residents will also have access to a clubhouse that offers a gym, yoga studio, private workstations, a game room, a coffee lounge, and a conference room.
The seller in the transaction was health provider CommonSpirit Health.
The Garrett Companies, known for developing, building, and managing multifamily communities across 22 states, has delivered over 20,000 apartments to date. This latest acquisition signifies the company’s continued expansion in the residential real estate market.
