Breaking News: Louis at 14th Closes

This morning, JBG announced it has officially sold the 267-unit Louis at 14th apartment complex to TIAA-CREF, in a deal that's been under contract since late last year. The property includes a ground-floor Trader Joe's and is situated at the red-hot corner of 14th and U; we were unable to confirm final pricing, though the building is expected to fetch a record price-per-unit figure, as we reported back in December. ARA repped JBG and partner Georgetown Strategic Capital in the deal.

Continue reading this story with a free account

Log in or register
Related Topics: Trader Joe
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

Lawmakers Punt On Stripping Approvals From 15 Projects In Data Center Alley

Delaware Statutory Trust Fundraising Jumps 27% From 2025

Hines Spends $170.5M On Mixed-Use Portfolio In Dallas' Bishop Arts District

How UK Investment Giant L&G Plans To Grow Its U.S. Multifamily Holdings

Properties Owned By REIT Accused Of Fraud To Be Auctioned Off

Affinius Relinquishes Big Office Building Next To Capital One Arena

CRE Finance Sentiment Index Falls To 3-Year Low As Economic Fears Mount

RN3 Enters Dutch Logistics Market With DHL Sale-Leaseback Deal

Major NYC Multifamily Firm Expands With Tech-Driven Operations

One Thomas Circle, The Elevated Workplace For The Way D.C. Works

Multifamily's Days As Commercial Real Estate's 'Golden Child' Are Over

Riverwards Secures $36M In Construction Financing For Philly Apartment Project