 |
| The Residences at City Center, Manassas Park, VA |
Photo by Nick Waring
 |
| Walter Coker |
WASHINGTON, D.C.–– Holliday Fenoglio Fowler, L.P.
(HFF) announces the $51.5 million sale of The Residences at City Center,
a 291-unit apartment community with ground-floor retail in Manassas Park,
Virginia.
The HFF team marketed the property on behalf of the seller, and procured
the buyer, Mexico City-based HASTA Capital.
The Residences at City Center is located at 170 Market Street
directly across from the Manassas Park Virginia Railway Express (VRE) station
along Manassas Drive in Prince William County.
The transit-oriented
property is ideally positioned near the largest employment centers and major
thoroughfares in the Northern Virginia region as well as an abundance of retail
and entertainment options.
 |
| Brian Crivella |
The Residences at City
Center comprises 255,608 square feet of residential space featuring
high-quality, modern finishes and 43,708 square feet of ground-floor
retail.
Community amenities include an outdoor pool
with lounge area and grill station, state-of-the-art fitness center, clubhouse,
business center, Wi-Fi café and a mix of surface parking and single-car
garages.
The HFF investment advisory team representing the seller included Walter
Coker, Brian Crivella and Dek Potts.
HASTA Capital is
focused on the investment, development and management of residential
multifamily rental assets in Latin America and the U.S.
Headquartered in Mexico City, HASTA combines its
specialized operational expertise, rigorous analytical methodology and
meticulous attention to detail, sustainability and quality control to create
world-class buildings and living environments that improve their cities and
generate superior risk-adjusted returns for their investors.
 |
| Dek Potts |
For more information, please contact:
|
No comments:
Post a Comment