Pinnacle Awarded Management of Packard Square

249-Unit Luxury Apartment Lease-Up Begins in Ann Arbor


ANN ARBOR, MI--(Marketwired - October 28, 2015) - Pinnacle, one of the nation's leading multifamily management firms, announced today it has been awarded management of Packard Square, a mixed-use luxury community located at 2550 Packard Street in Ann Arbor, Mich. The new 249-unit garden style property is well-positioned minutes from Ann Arbor's Central Business District, the University of Michigan campus and a wide range of cultural amenities. With 24,000 square feet of onsite retail space, residents will benefit from immediate access to eateries, shopping, grocery, entertainment, and service providers.

Packard Square offers 22 different floor plans ranging from one- to three-bedroom options. A few of the resort-style amenities include a massage room, movie theatre and state-of-the-art fitness center plus upscale features like a technology center, keyless entry, outdoor courtyard, 25-yard pool, sundeck and fireplace. The bright and spacious apartment homes present Caesarstone countertops, large walk-in closets, fully-equipped contemporary kitchens with custom cabinetry, stainless steel appliances, large windows and nine foot ceilings.

"There is no apartment property in Ann Arbor with either the quality or quantity of amenities featured at Packard Square. It will be truly fabulous for people seeking an upscale lifestyle in this central location," said Pinnacle's Regional Vice President Kellie DeVilbiss.

"Residents will appreciate the unique sense of place and the convenience of three elevators, underground parking and retail within this walkable community," DeVilbiss added. "Most Ann Arbor apartment residents brave the elements to simply get their mail, climb outdoor staircases to get to their units and need to drive to a central clubhouse to use a small gym. With a single 362,000 square foot building all under one roof, Packard Square's residents will essentially be living in a luxury hotel."

Packard Square's leasing center is located on site and is open seven days a week. Construction is ongoing with move-ins beginning in the summer of 2016.

Situated 1.5 miles southeast of downtown Ann Arbor and the University of Michigan, Packard Square has easy access to I-94, HWY 23 and Detroit Metro Airport. For more information about the property, visit www.Packard-Square.com, or call (734) 997-7100.

About Pinnacle Property Management Services, LLC

Pinnacle Property Management Services, LLC, ("Pinnacle") is a privately held national real estate provider specializing in third party management of multifamily residential communities. As one of the nation's preferred third-party managers, Pinnacle's portfolio includes nearly 135,000 residential units and 2 million square feet of commercial assets. With the Corporate headquarters located in Dallas, Texas, Pinnacle has 3,000 employees located in 35 states and 25 major metropolitan areas. For more information, visit www.pinnacleliving.com.

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Contact Information:

MEDIA CONTACT
Kerri Fulks
(972) 499-6617
Kerri.Fulks@hck2.com

Packard Square, Ann Arbor, Mich.