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Hamilton Zanze Acquires Fifth Apartment Community in Baltimore
Hamilton Zanze has acquired the 304-unit Jefferson Square at Washington Hill apartment community in Baltimore, MD and changed the community’s name to The Tala at Washington Hill.
Cushman & Wakefield and Falconvest Partners facilitated the transaction. Hamilton Zanze affiliate Mission Rock Residential has taken on property management.
The purchase marks the firm’s 12th acquisition in the state of MD and its fifth in the Baltimore market, including others Arbor Ridge, Point at Winterset, Preserve at Cradlerock and Timbers at Long Reach.
The property includes 304 units in one five-story residential building. Community amenities include a gaming room, fitness center, resort-style swimming pool and sundeck, and a two-story lobby with a grand staircase. The 2014-constructed community is on North Wolfe Street in the downtown Baltimore submarket. It is just under two miles from the heart of downtown and a seven-minute walk from Johns Hopkins Hospital, which employees over 30,000 people.
- ◦Sale/Acquisition
