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.

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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