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Washington DC & Mid-Atlantic  + Apartments  |  August 4, 2020
David Cohen
By: David Cohen

D.C. Apartment Property Trades for $19M

Marcus & Millichap has arranged the $19.1 million sale of Griffin Apartments at Petworth Metro, a 49-unit apartment property nearby Washington, D.C.’s Georgia Avenue-Petworth metro station.

Built in 2011, the apartment property consists of one- and two-bedroom residences with community amenities that include an Amazon Hub package delivery system and an underground parking garage with 19 parking spaces.

Christian Barreiro and Marty Zupancic of Marcus & Millichap’s Washington, D.C. office represented the seller, an entity under the control of Donatelli Development, in the transaction. The buyer was Virginia-based private equity fund Viking Capital. The sale is second of two transactions in which Zupancic and Barreiro represented Donatelli Development in the Petworth Metro submarket in the past 12 months.

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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