Urban Investment Partners (UIP) has acquired Walker House, a 212-unit mid-rise apartment building in Gaithersburg, MD, for $31.8 million. CBRE represented the seller, Washington REIT, which has held the property since 1996. Capital One financed the acquisition.
In one of the Washington metropolitan area’s largest industrial portfolio acquisitions this year, a partnership led by Willco Companies of Potomac, MD has acquired approximately 285,000 square feet of flex-industrial space at Montgomery County Airpark in Gaithersburg, MD for $30 million. The sellers, Zarpas 1 through 5 Limited Partnerships, were represented by the Washington, DC […]