Harbor Group Pays $144M For Alexandria Apartment Community
Harbor Group International has made its second $100M-plus Northern Virginia acquisition this year.
Sussex at Kingstowne features two swimming pools, a tennis court, an indoor racquetball court, a children's playground, a fitness center, a movie theater, an outdoor grilling area, a dog park and other amenities. Its available units range from 821 SF one-bedrooms to 1,350 SF two-bedroom units.
Harbor Group in March bought One Dulles Tower, an Amazon Web Services-leased office building in Herndon, for $226M from FCP. The acquisitions come after Harbor Group last year sold a Maryland multifamily portfolio to Morgan Properties for $247M. It also sold a Greenbelt apartment complex to Blue Ocean Realty for $50M.