Bluestone Properties has acquired three new assets located in high-growth secondary markets.
The firm’s newest additions are 203-unit Vintage at the Avenue in Murfreesboro, Tenn.; 224-unit Vintage Tollgate in Thompson Station, Tenn.; and 224-unit Vintage Amelia Island in Amelia Island, Fla.
“Bluestone Properties is excited to expand our footprint and continue with our strategy focused on millennial migration to secondary markets,” said Monica Escobedo, senior vice president of operations. “This rapid growth at Bluestone will be created through existing and new relationships with top-notch regional developers and institutional owners. We are targeting markets that have high population growth, business-friendly environments and low cost of living. We have our eyes set on areas like Atlanta, Austin, Charlotte, Columbus, Dallas/Fort Worth, Denver, Houston, Indianapolis, Jacksonville, Louisville, Nashville, Orlando, Phoenix, Raleigh, Salt Lake City, San Antonio, Tam