Bainbridge To Develop High-Rise Apartments In Bethesda, MD

WELLINGTON, FL--Bainbridge Companies is pleased to announce that it will be developing a 200-unit luxury high-rise rental apartment community (above centered rendering) in downtown Bethesda, MD.

The asset will be developed in conjunction with our partner – Restis Group, with additional equity being provided by National Real Estate Advisors.

Bainbridge has acquired the site and anticipates ground-breaking for fall 2010, with initial occupancy in the fall of 2012.

 “We are all very excited to bring this project closer to the construction phase and to deliver a superior community for the neighborhood and our future residents,” remarks Thomas Keady, (middle right photo)  President of Development for The Bainbridge Companies.

Bainbridge is actively seeking select development opportunities throughout the Mid-Atlantic and urban in-fill areas in major East Coast markets.

Founded in 1993, The Bainbridge Companies (www.bainbridgecompanies.com) is engaged in the development, construction, management, acquisition and disposition of residential and commercial real estate.

The Bainbridge principles have developed, redeveloped, and/or repositioned more than 35,000 multifamily units. The firm’s full service real estate platform includes asset and property management, leasing, sales, marketing, renovation, construction, and development. Bainbridge’s emphasis is on innovation, creativity, resident service and cultivating relationships.

Based in Wellington, Florida, it also has offices in North Carolina and the Washington, D.C. metro area.

Contact: Terri Thornton, 404-687-8760, 404-932-4347 (Cell) , http://www.territhornton.com/
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