July 31, 2020
JLL has arranged the $49 million sale of The Shaw, an apartment community in the Northwest Washington D.C. area.
The Shaw is located nearby the Logan Circle, U Street Corridor and Bloomingdale neighborhoods as well as restaurants, shopping and entertainment. Units feature open layouts, city spa bathrooms with frameless glass showers and chef-caliber kitchens. Amenities consist of a rooftop terrace, lounge and private balconies.
Walter Coker, Brian Crivella and Robert Jenkins of JLL represented the seller, Monument Realty, in the transaction. The buyer was a joint venture between Shimizu Realty Development and Capital Security Advisors LLC.
For comments, questions or concerns, please contact David Cohen