O wners , D evelopers & M anagers
M id A tlantic Real Estate Journal — Section B
www.marej.com
High-rise apartment community is located in Falls Church, Virginia Coker and Crivella of JLL represent Equity Residential in sale of Skyline Towers F
Skyline Towers includes a mix of studio through three-bedroom units total- ing more than one million rentable s/f and nearly 7,000 s/f of 100% leased ground- floor retail. Unit amenities include stainless steel ap- pliances, eat-in kitchens, spacious closets and over- sized balconies. In addition to panoramic 360-degree views of Washington, D.C., the property features a 24- hour fitness center, theater room, conference room, com- puter lounge, game room and weekday shuttle service to the Pentagon City Metro Station. The JLL Capital Markets team representing the seller included Walter Coker and Brian Crivella . “Our team is extremely fa- miliar with the Towson com- mercial office marketplace and we intend to implement sys- tems to dramatically improve the efficiency of the building and insure long-term value for the owner,” said Kimos. “Withmultiple tenants leasing space within this building, our program also includes com- municating often with these companies, building relation- ships, understanding their real estate needs and offering on-going and pro-active asset management solutions.” With this new requirement, Lee Chesapeake Property Management now handles as- set management services for more than four million s/f of commercial office, industrial, warehouse and retail space throughout the Baltimore- Washington, D.C. metropoli- tan region. The company offers comprehensive and expert asset management for its clients including day-to-day property management, lease administration, tenant and capital improvements, finan- cial services and construction supervision services.
HI-LIGHTS Jan. 31 - Feb. 13, 2020 Skyline Towers, which is located in an opportunity zone, consists of two 26-story towers that are adjoined by amenities, a central leasing office and a courtyard with ALLS CHURCH, VA — JLL announced today the closing of the sale of Skyline Towers, a 939-unit, high-rise apart- ment community located in Falls Church. JLL marketed the prop- erty on behalf of the seller, Equity Residential , and procured the buyer. LEED Certification awarded to Woodmont Properties' Princeton office building
a pool. The property is lo- cated at 5599 Seminary Rd., less than three miles north- west of the I-395 and Rte. 7 (King St.) interchange within the Interstate 495 Beltway, which offers residents con- venient access to Northern Virginia and Washington, DC employment centers. In addition, Skyline Towers is surrounded by 2.4 million s/f of premier retail, including a Target and 340,000 s/f Giant- anchored power center. Walter Coker Brian Crivella
Skyline Towers
Lee Chesapeake PropertyManagement wins asset management contract in Towson, MD
TOWSON, MD — Lee Chesapeake PropertyMan- agement , the asset manage-
ment affili- ate o f Lee & Associates |Maryland , has won a contract to manage 305 Washington Ave., a six- story 40,300
14B
Greysteel arranges sale of 80 unit affordable housing property
Michelle Kimos
s/f commercial office build- ing situated in the Towson section of Baltimore County. Michelle Kimos , director of property management for Lee Chesapeake Property Management will oversee the asset management strategy on behalf of the company. Owned by Blue Ocean Realty , the building features on-site parking, outdoor pa- tios and a recently-renovated lobby area. Located near York Rd. and Towsontown Blvd., it is positioned one block from the Towson Courthouse, two blocks fromTowsonUniversity and is surrounded by numer- ous amenities including Tow- son Row and Towson Town Center.
16B
ALSO INSIDE
Contributing Columnists: Ashley Kettler..................2B Michael Mullin................4B Noel K. Walsh...................5B Lee E Wasserman..............7B Industry Professional Profiles. .........................10B Service Directory......12-13B
www.marej.com
305 Washington Ave
Made with FlippingBook HTML5