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Sherman Residential Adds 352-Unit Luxury Complex to Gwinnett Portfolio

Sherman Residential has acquired Celadon on Club, a 352-unit luxury apartment complex in Lawrenceville, Georgia. The purchase marks a strategic expansion for the Chicago-based firm, pushing its total Georgia footprint past 800 units as it seeks to capture demand from the region’s surging industrial and tech workforce.

Bio & NewsAugust 27, 20261,162 reads0

Completed in 2023, the property spans 30 acres and sits within a 15-minute drive of Duluth and Norcross. The location places residents near the Gwinnett School of Mathematics, Science & Technology and a 25-acre municipal park, catering to a demographic increasingly drawn to the area by major manufacturing and healthcare developments.

The community features units reaching 1,400 square feet, outfitted with granite countertops and modern lighting. On-site amenities include a 3,000-square-foot pool, a golf simulator, and 16 acres of dedicated green space. According to the company's leadership, the acquisition reflects a long-term commitment to the Southeast market and the implementation of their hands-on management model. With over a century of history, the family-owned investment firm continues to grow its presence across six states, focusing on high-quality assets in expanding suburban corridors.

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