"[The project] is in one of the most vibrant apartment locations in the country and the purchaser has recognized the long-term prospect of this unique asset," says Transwestern Commercial Services senior vice president Scott Melnick. Melnick and Transwestern senior vice president Al Cissell were the sole brokers in this deal. Located at 5000 Eisenhower Ave. the Reserve is easily accessible from both I-495 and I-395, two major traffic corridors. The property consists of a single mid-rise building, and garden style structures. Equity Residential tells GlobeSt.com that the final portion of the apartment community--the mid-rise building--was just delivered in December. The new owner also notes that the property is currently about 53% occupied.