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Arlington MF Development Site Trades for $19M

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.

For comments, questions or concerns, please contact David Cohen

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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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