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Jamestown Buys The Ellington For $119M

A source tells us that the 190-unit apartment building has traded for $118.6 million.

The Ellington

WASHINGTON, DC–Jamestown announced it has acquired The Ellington from TH Real Estate. The company did not disclose the price but a source tells us the 190-unit apartment traded for $118.6 million or $624,342 per unit.

The last time the Ellington traded was in 2011 for $100 million.

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Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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