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| Broadstone Laurel Highlands, 8141 McCauley Way, Lorton, VA |
WASHINGTON, D.C. - HFF announced today that it has closed
the sale of Broadstone Laurel Highlands, a 300-unit, Class A
multi-housing community in Lorton, Virginia.
 |
| David Nachison |
HFF marketed the property on behalf of the seller, Alliance
Residential Company. MetLife Real
Estate Investments purchased Broadstone at Laurel Highlands for $92.5 million
free and clear of existing financing.
Broadstone at Laurel Highlands is located at 8141
McCauley Way in Southern Fairfax County offering close proximity to the
still-expanding Fort Belvoir and immediate access to Interstate 95 and the
Lorton Virginia Railway Express (VRE) station.
 |
| Alan Davis |
Completed in 2011, the property features one-, two- and
three-bedroom apartments plus three-bedroom townhomes averaging 1,119 square
feet. Community amenities at the 96
percent leased Class-A community include a resident lounge, movie theatre,
business center with coffee bar, fitness center, resort-inspired pool, outdoor
fireplace, outdoor grill stations, tennis and basketball courts and a bark park.
The
HFF team representing the seller was led by senior managing directors David
Nachison and Alan Davis and director Brenden Flood.
 |
| Brenden Flood |
“The
property’s immediate success speaks to the unfilled niche of large apartment
homes sought by military and military related families around Fort Belvoir,”
said Nachison. “The mix of apartment
homes, which includes 65 percent two- and three-bedroom floorplans offers
residents the opportunity to send students to Fairfax County’s newest, and very
highly regarded schools.”
For a complete copy of the company’s news release, please
contact:
Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell:
617-543-4873 | www.hfflp.com
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