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Washington DC & Mid-Atlantic  + DC Metro  + Apartments  |  August 30, 2021
David Cohen
By: David Cohen

Marcus & Millichap Brokers $6M Sale of Alexandria Apartments

Marcus & Millichap has arranged the sale of Glendale Terrace Apartments, a 32-unit, value-add multifamily property in Alexandria, VA. The sales price was $6.2 million.

Located in the Huntington neighborhood of Alexandria, Glendale Terrace Apartments is poised to capture the benefits of a booming rental market and Amazon HQ2 development in the area. Built in 1963, the three-story brick apartment building is located at 2314-2330 Glendale Terrace.

The Zupancic Group of Marcus & Millichap brokered the sale between the undisclosed seller and the buyer, a private client in a 1031 Exchange from the West Coast.

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Inside The Story

Marcus & Millichap’s Zupancic Group

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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