Kettler just picked up 1711 Florida Ave in Adams Morgan for $14.9M, according to DC public records. Though he wouldn't confirm the price,the buy is in line with the firm's focus on acquiring urban infill sites, says VP Asheel Shah, after another recent DC urban play, the m.flats apartments in Mount Vernon Triangle (scheduled to open this summer). He adds that Kettler is still finalizing the development plan for 1711 Florida, though ground could be broken on the new project in 2015.
Kettler Digs Into Adams Morgan
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, Mount Vernon Triangle
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