Washington DC + DC Metro + Apartments | August 30, 2021

JLL Brokers $80M Sale of Arlington MXU Property

JLL has arranged the $80.1 million sale of Siena Park, a 188-unit mixed-use community in Arlington, VA.

Located at 2301 Columbia Pike, the property consists of 33,602 square feet of retail and 17,373 square feet of office space. The property also includes studio, one- and two-bedroom units averaging 844 square feet. Amenities include a fitness center, game room with billiards, club house, outdoor pool, rooftop deck, coffee bar, ground-floor retail, including dining, shopping and entertainment.

Walter Coker, Brian Crivella, Robert Jenkins and Bill Gribbin of JLL represented the seller, Zurich Alternative Asset Management, in the transaction. The buyer was not disclosed.

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JLL’s Coker

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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