NORTHERN VIRGINIA, VA-Equity Residential expects to identify a buyer for its five-property residential portfolio situated in Northern Virginia by the end of 2012. The portfolio comprising around 1,468 units in total is expected to fetch a price of more than $360 million or $245,230 per apartment. Transwestern team consisting of Dean Sigmon and Robin Williams is handling the sale of the portfolio.
The properties include the Westerly at Worldgate, Townes at Herndon Center, Windsor at Fair Lakes and Ellipse at Government Center. For the full story, go to Washington Business Journal .
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