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Chicago Investor Acquires DC-Area MF for $144M

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Chicago-based Waterton acquired Windsor at Shirlington Village, a 404-unit apartment community in Arlington, VA from an affiliate of Boston-based GID Real Estate Investments for $144 million. The asset will be rebranded as The Citizen at Shirlington Village.

The property is located at 3000 S. Randolph St. and sits within the Village at Shirlington, a suburb of Washington, DC. It is comprised of 132 units in an eight-story building and 272 units in a low-rise building. The property features an urban-inspired lifestyle, and is near the Pentagon.

Waterton’s Matthew Masinter says they plan upgrades to unit interiors, the 7,000-square-foot fitness center, the outdoor amenity space, as well as an electronic package concierge system.

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Inside The Story

Read more at Washington Business JournalConnect With Waterton’s Masinter

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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