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HARBOR GROUP ACQUIRES APARTMENT COMPLEX FOR $29.7 MILLION

NEWPORT NEWS, VA. — An affiliate of Norfolk, Va.-based Harbor Group has acquired Waterman’s Crossing Apartments, a 260-unit complex in Newport News, from Waterman’s Associates, Waterman’s Gardens and Orchard Court Waterman’s LLC for $29.7 million. The apartment community consists of one-, two- and three-bedroom units, and amenities include a swimming pool, tennis and volleyball courts and a fitness center. Andrew Boyer of CB Richard Ellis’ McLean, Va. office and Dan Johnson of its Norfolk office were the sole brokers.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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