Arlington Properties recently announced that it sold Velo Shelby Farms in Memphis, TN to Passco Companies, based in Irvine, CA.
Arlington Properties will retain management of the 267-unit community adjacent to the iconic Shelby Farms Park. Velo Shelby Farms was developed and built by Arlington in 2021.
Arlington Properties is a leading multifamily development, property management, and construction firm. Its integrated services are differentiated by deep experience, a resourceful approach, and a commitment to integrity. Founded in 1969, Arlington Properties is headquartered in Birmingham, AL, and has market experience across the United States.