Monday and Appollo make DC deal.Washington, DC: Monday Properties, in a joint venture with Apollo Real Estate Advisors' Value Enhancement Fund VI, has acquired the 600,000 s/f Transpoint Building on the Southwest Waterfront Southwest Waterfront is a residential neighborhood in Southwest Washington, D.C.. By virtue of Southwest's being the smallest of Washington's four quadrants, Southwest Waterfront is in fact one of only two residential neighborhoods in the quadrant (the other being Bellevue, which, at 2100 Second Street S.W. in Washington, D.C. Monday Properties, with offices in Arlington, Virginia and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , will act as managing member responsible for all property and partnership operations. Holliday Fenoglio Fowler, LP's Stephen Conley and Andrew Weir represented the seller. Prominently situated on the Anacostia River The Anacostia River is a river that flows about 8.4 mi (13.5 km) from Prince George's County in Maryland, USA and through Washington, D.C. where it joins with the Washington Channel to empty into the Potomac River at Hains Point. waterfront within sight of the U.S. Capitol, the 33-year-old eight-story structure has served as headquarters for the U.S. Coast Guard since 1973. "As Monday's first acquisition in the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , this investment presents an excellent opportunity for our venture with Apollo," said Anthony Westreich, president of Monday Properties. "The building has a long history with the Coast Guard and we look forward to seeing that relationship continue. We are also very enthusiastic about the changing dynamics of the Southwest Waterfront neighborhood and the opportunities that are beginning to develop in the area." Steven M. Wolf M. Wolf can refer to:
"The Southwest Waterfront area is undergoing extensive and rapid change." |
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