January 12, 2021
JLL has arranged the $19 million sale of a multifamily development site in the greater Arlington, VA. Area.
Located at 2025 Clarendon Blvd., the development is slated to consist of 220 units. The site totals 24,980 square feet and is nearby the Courthouse Metro Station, allowing access to all of Northern Virginia. Additionally, the property is also nearby 35 million square feet of office space and five million square feet of retail, consisting of shopping, hotels and more.
Jim Meisel, Walter Coker, Matt Nicholson, Brian Crivella and Robert Jenkins of JLL represented the seller, Carr Properties, in the transaction. The buyer was Greystar Real Estate Partners.
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