Greystar's Greenford BTR Scheme Has Huge Ambitions
Greystar wants to change the way London lives and works.
Greystar wants to change the way London lives and works.
Greystar has purchased the 150-unit Griffis at Lowry apartment complex for $45.75M.
Greystar plans to build two residential buildings, a hotel and retail on the site.
The project would replace several existing retailers with a 341-unit building with 32K SF of commercial space.
Greystar is scheduled to present its plans for 343 student housing units in College Park later this month, just after it acquired another property in the city.
The project is Greystar's second large multifamily development in the works in Arlington's Courthouse neighborhood.
Rents at Greystar and Alliance's portfolio are on the higher end of their markets and more insulated from rental abatement requests.
Uncertainty in the UK has held down prices compared to Europe.
The project from Greystar, Oxford Properties and J.P. Morgan was built on the former CSX Transportation site on New Jersey Avenue SE.
The days when tenants were happy just to have a washer and dryer in-unit are over.
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