WASHINGTON, D.C. – The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.) announced today that it has closed the sale of Zoso, (top left rendering) a 114-unit multifamily community with 20,000 square feet of ground-level retail and office space in Arlington, Virginia.The investment sales team was led by directors Dave Nachison (bottom right photo) and Alan Davis (bottom left photo) in HFF’s Washington, D.C. office who represented the seller, Ed Peete Company.
Simpson Housing, L.P. purchased Zoso upon lease-up.
Completed in 2008, Zoso has one- and two-bedroom units averaging 941 square feet each.
Completed in 2008, Zoso has one- and two-bedroom units averaging 941 square feet each.
The property features a rooftop garden and terrace as well as a secured underground parking garage.
Located at 1025 Fillmore Street in the Clarendon neighborhood of Arlington, Zoso is convenient to the Clarendon Metro Station providing access to downtown Washington, D.C. as well as the shops, restaurants and services of Clarendon.
“Zoso’s fantastic location within walking distance of the best amenities in Arlington and its unmatched luxury has made Zoso the most highly regarded ‘boutique’ apartment building in the sought after Rosslyn/Ballston corridor, commanding the highest rents in the market,” said Nachison.
“Leasing of the commercial space is well underway at the property and will add terrific upscale amenities to complement the best-of-class building and neighborhood,” added Davis.
The Ed Peete Company is an Arlington, Virginia-based, high-end residential developer that has completed several Washington, D.C. area projects including Joule, Io Piazza and Zoso. Headquartered in Denver, Colorado, Simpson Housing, L.P. is a fully-integrated real estate firm that is organized to deliver a comprehensive range of real estate services primarily focusing on multifamily property management and development.
Contacts:
David R. Nachison, HFF Director, (202) 533-2500, dnachison@hfflp.com
Alan M. Davis, HFF Director, (202) 533-2500, adavis@hfflp.com
Kristen M. Murphy, Associate Director, Marketing, (713) 852-3500, krmurphy@hfflp.com
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