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Washington DC & Mid-Atlantic  + Apartments  |  July 31, 2020
David Cohen
By: David Cohen

JLL Brokers $49M Sale of D.C. Apartment Property

JLL has arranged the $49 million sale of The Shaw, an apartment community in the Northwest Washington D.C. area.

The Shaw is located nearby the Logan Circle, U Street Corridor and Bloomingdale neighborhoods as well as restaurants, shopping and entertainment. Units feature open layouts, city spa bathrooms with frameless glass showers and chef-caliber kitchens. Amenities consist of a rooftop terrace, lounge and private balconies.

Walter Coker, Brian Crivella and Robert Jenkins of JLL represented the seller, Monument Realty, in the transaction. The buyer was a joint venture between Shimizu Realty Development and Capital Security Advisors LLC.

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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