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February 19, 2020  

Rental Complex Up for Grabs Near DC

A suburban Washington apartment complex with a large, grocery-anchored retail component is on the market with an estimated value of $300 million.The Vienna, Va., property encompasses 628 units that are 95% occupied and 124,000 square feet of retail space that is 96% leased. The anticipated valuation would translate to $478,000/unit.JLL is marketing the property for a partnership between Mill Creek Residential of Boca Raton, Fla., and...

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