JLL Brokers Sale of 333-Unit Arlington MF Community

JLL has arranged the sale of Alexan Earl, a 333-unit, multifamily community in the suburban Washington, D.C. community of Arlington, VA. The sales price was not disclosed.

The Alexan Earl is a new community featuring studio, one- and two-bedroom residential units averaging 827 square feet across two buildings and 3,396 square feet of retail. In-home features include quartz countertops with full-height tile backsplashes, decorative kitchen lighting with dimmable island pendants and undercabinet lighting. Building amenities include a heated rooftop pool with an indoor/outdoor bar, ground-level courtyard, two fitness centers, social clubroom with a bar and music room, complimentary WiFi in all shared spaces, 24/7 concierge services and co-working space with private offices. The property is located just off Wilson Boulevard at 1122 North Hudson St.

Walter Coker, Brian Crivella, Robert Jenkins and Bill Gribbin of JLL represented the sellers in the transaction, Trammell Crow Residential and a leading global real estate investment advisor. A private company acquired the property. In addition, working on behalf of the new owner, JLL secured a five-year, floating-rate acquisition loan through lender Mesa West Capital LLC.