REBusinessOnline

CIM Group Purchases Newly Constructed, 319-Unit Apartment Community in D.C.

Trellis House features a pool, fitness center with spin stations and a yoga studio, game room, test kitchen, rooftop observation deck and a pet spa. (Rendering courtesy of Niles Bolton Associates)

WASHINGTON, D.C. — CIM Group has acquired Trellis House, a newly constructed, 319-unit apartment community located at 907 Barry Place N.W. in Washington, D.C., for an undisclosed price. Gateway Investment Partners and RISE: A Real Estate Co., completed construction on the six-story community earlier this year, according to local media reports. The LEED-certified building includes a mix of studio to two-bedroom units, as well as townhomes. Community amenities include a 12,000-square-foot courtyard and pool deck with fireplaces and grill stations; fitness center with spin stations and a yoga studio; club and game room; test kitchen, coworking area; rooftop observation deck; and a pet spa. In addition, Trellis House includes 11,000 square feet of ground-floor retail space. The community is located adjacent to Howard University and is proximate to the Green Line subway that provides connections to the entire Metro network.

 

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Conferences