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| The Citizen at Shirlington Village Apartments, Arlington, VA |
CHICAGO, IL (Aug. 22,
2017) – Waterton, a U.S. real estate investor and operator, today announced the
acquisition of a 404-unit rental community in Arlington, Va., approximately 3
miles southwest of the Pentagon.
Built in 1992 and formerly
known as Windsor at Shirlington Village, the property at 3000 S. Randolph St.
is being rebranded as The Citizen at
Shirlington Village following Waterton’s acquisition.
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| Matthew Masinter |
Offering a mix of one-,
two- and three-bedroom floor plans – 132 units in an eight-story tower and 272
in a low-rise component – the community is located within The Village at
Shirlington, a small transit-oriented neighborhood with a host of shopping,
dining and entertainment options.
“The Citizen offers the
walkable, urban-inspired lifestyle many renters seek in an accessible location
close to the Pentagon and jobs throughout the D.C. metro,” said Matthew Masinter, senior vice president
of acquisitions at Waterton. “Because the property was developed 25 years ago,
it also presented us with an opportunity to add value through strategic
improvements that will enhance the marketability of the community.”
On-site amenities at The
Citizen include an outdoor pool, grilling stations and five courtyard areas, as
well as a resident clubhouse, reservable community room, 7,000-square-foot
fitness center and racquetball court.
The Citizen marks
Waterton’s fourth multifamily acquisition in 2017.
For more information on this news release, please
contact:
Gretchen Muller, gmuller@taylorjohnson.com (312)
267-4511
Abe Tekippe, atekippe@taylorjohnson.com (312)
267-4528
(703) 379-4141
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