Monday Properties announced that the Arlington County Board granted approval of a major site plan amendment for 1401 Wilson Boulevard and 1400 Key Boulevard.
With the approval, a transformative mixed-use development at the 2.1-acre site encompassing both 1401 Wilson Boulevard and 1400 Key Boulevard in Rosslyn can now move forward. The two contiguous parcels, currently occupied by a pair of 12-story office buildings constructed in 1964, will be redeveloped into a landmark mixed-use destination featuring two 27-story multifamily residential towers totaling 831 residential units, 28,959 square feet of ground-floor retail, including a community-anchoring grocery store and a partially above-grade parking structure.
“By delivering 831 new residential units in one of the most transit-rich neighborhoods in the Washington, D.C. metro area, we’re building on the Westreich family’s legacy of developing signature projects in Rosslyn since the late 1950s,” said Tim Helmig, Co-Chief Executive Officer and Managing Partner, Monday Properties.

JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...
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The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...
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Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...
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