Sunday, November 15, 2015

HFF arranges sale of 4990 Fairmont in Bethesda, MD

Rendering of planned 4990 Faisrmont Avenue,
 Downtown Bethesda, MD
WASHINGTON, D.C. – November 11, 2015 – Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has arranged the sale of a 22,884-square-foot infill land site located at 4990 Fairmont Avenue in downtown Bethesda, Maryland on behalf of Starr Capital, LLC.  Duball Fairmont, LLC, an affiliate of Duball, LLC was the acquiring party.

The site is fully entitled for a 17-story structure encompassing a 13-story, 71-unit luxury residential component situated atop a four-level, above-grade parking garage and 2,500 square feet of ground floor retail.

Founded in 2003, Starr Capital LLC invests in real estate assets for cash flow and development throughout the Washington, D.C. Metropolitan area with a focus on multifamily, retail and hospitality sectors.  Visit for further information.

Duball, LLC (, founded in 2004, is one of the leading real estate developers in the Washington, D.C. region with over 1.8 million square feet currently under development. 

For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 |

No comments: