WASHINGTON, DC—Washington Property Co. has delivered its latest apartment community, Solaire 8250 Georgia Ave. The 20-story, 338-unit residence is located two blocks from the Silver Spring (MD) Metro and multi-modal transit station and is about half-leased.
The building has more than 5,000-square feet of amenity space including a rooftop swimming pool and pool deck; café with free wi-fi; private courtyard with grilling areas; a fitness center; and a residents' club room with catering kitchen, library, flat-screen TV, indoor-outdoor fireplace, and game room.
“We are highly focused on creating a new and exciting retail experience for Silver Spring,” said Lee Engle of CBRE Retail Services, which is leasing the building's retail space. “We currently are in negotiations with a number of unique chefs and independent restaurateurs,” Engle said in prepared remarks.
Solaire 8250 Georgia Ave. is WPC's fourth Solaire-branded apartment community and its second in Silver Spring's Ripley District. WPC expects to break ground later this year on a fifth Solaire-branded tower, Solaire Silver Spring II, slated to be the tallest building in Silver Spring.
Solaire-Metro, located two blocks from Solaire 8250 Georgia Ave., opened in 2012; Solaire Wheaton delivered in 2014; and Solaire Bethesda delivered in late 2016.
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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.
