Mill Creek Residential is developing and leasing Modera Tempo, a new transit-friendly mixed-use community in the West End of Alexandria, VA. With 492 modern apartment homes and 15,000 square feet of retail space complemented by a wide range of luxurious resident amenities, Modera Tempo is the first new development to be completed within the Landmark/Van Dorn Small Area Plan. “The launch of Modera Tempo is an important catalyst to the long-planned redevelopment of the Van Dorn corridor, from here to Landmark Mall,” said Alexandria Mayor William Euille at the community’s grand opening event. “Over the next two decades, the entire West End of Alexandria will be transformed.”
The JACK Group — a collaboration of The JCR Companies, CAS Riegler, and Snead Construction — has transformed an Alexandria, VA office building into The Agency at 950, with over 50 “plug-and-play” executive office and co-working suites designed for consultants, small businesses, and companies seeking temporary office space. JACK already has leased space to such diverse businesses as government contracting, photography, event planning, and information technology.
Two well-located properties in the Washington, DC market, totaling nearly 50,000 square feet, have been acquired by The JCR Companies, adding to the firm’s growing portfolio of urban infill buildings and expanding its reach into the office sector. In association with CAS Riegler Companies and RS Snead Construction (The JACK GROUP), JCR purchased the 26,347 SF building at 950 N. Washington Street in Alexandria, VA for $4.5 million from the American Association of Physician Assistants. JCR also acquired a large portion of the retail and commercial garage at The Metropole, a luxury condominium residence in Washington’s sought-after Logan Circle neighborhood. The property acquired by JCR includes a 23,225 SF retail condominium, which is fully occupied by Vida Fitness and Bang Salon,
– With the $78 million acquisition of Hunting Point, a 530-unit apartment complex on Potomac River in Alexandria, VA, Lubert-Adler of Philadelphia, PA has amassed a multifamily portfolio valued at approximately $2 billion for its domestic institutional investors.