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Metropolitan at Pentagon City Trades for $125M 

ARLINGTON, VA-The sale illustrates the demand investors have for multifamily, as Equity Residential recently acquired a similar building for $100 million. 

By Erika Morphy  | Updated on August 24, 2010

ARLINGTON, VA-Invesco Real Estate US of Dallas has acquired Metropolitan at Pentagon City, a luxury high-rise apartment community at 901 S. 15th St. in Arlington, VA, from Cornerstone Real Estate Advisers and Kettler. According to public records, the 325-unit building traded for about $125 million. 

The CB Richard Ellis Washington DC Multi-Housing Investment Properties team of Bill Roohan, Mike Muldowney, Andy Boyer, Morgan Campbell, Jonathan Greenberg, Michael Rudolph, John Sheridan and Brian Margerum represented the seller–the group’s fourth multifamily sale in the past two weeks. 

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