ARLINGTON MULTIFAMILY COMPLEX SOLD FOR $100 MILLION

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ARLINGTON, VA. — A partnership between Cornerstone Real Estate Advisers and Kettler has sold the 326-unit Metropolitan at Pentagon Row multifamily complex to Equity Residential for nearly $100 million. The property, located at 1401 S. Joyce St. in Arlington, is currently 95 percent occupied. Apartment amenities include a rooftop lounge equipped with a kitchen, a rooftop swimming pool, a cyber cafe, a business center and a fitness center. Dave Nachison and Alan Davis of Holliday Fenoglio Fowler’s Washington, D.C., office represented the seller.

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