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Washington, DC–Madison Investments has secured a contract to sell its luxury apartment building, Elysium Fourteen, to Snell Properties for $43M.
The buildout of Elysium Fourteen involved the restoration and renovation of two historic buildings, which were joined to create a newly constructed nine-story LEED certified apartment building with retail on the ground floor. Lululemon and Orange Theory Fitness are among the retail tenants.
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