DONATELLI SELLS D.C. APT. BUILDING FOR $100M

WASHINGTON, D.C. — Donatelli Development has sold the 190-unit The Ellington Apartments, located at 1301 U St. NW. in Washington, D.C., to TIAA-CREF for $100 million. The seven-story apartment building also has 17,000 square feet of retail space on the ground floor, which is leased to six tenants. Donald B. Tennant, Jr., of NorthMarq's Bethesda, Md., office represented the seller in the transaction. Ed McEnery and Doug Smith of Deepwater Advisors represented the buyer.