WASHINGTON, DC—Zurich Alternative Asset Management closes on the sale of Siena Park, a 188-unit, core, infill multi-housing community with 33,602 square feet of retail and 17,373 square feet of office space in Arlington, VA. The sale price was $80.1 million.
The JLL Capital Markets investment advisory team representing the seller included Senior Managing Directors Walter Coker and Brian Crivella and Directors Robert Jenkins and Bill Gribbin. The buyer is undisclosed.
The property includes studio, one- and two-bedroom units averaging 844 square feet. The apartments feature luxury finishes and stainless steel appliances, contemporary cabinetry, granite counter tops, kitchen islands, built-in bookshelves, frost-free refrigerators and spacious bathrooms. Siena Park provides residents with a fitness center and weight room, game room with billiards, club house, outdoor pool, rooftop deck, coffee bar and cyber café and ground-floor retail, including dining, shopping and entertainment.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
