2255 Wisconsin Avenue – SOLD

CRP partnered with Altus Realty Partners in a mixed-use project in the Glover Park neighborhood of Northwest Washington, D.C., renovating and expanding an existing, well-leased 2-story retail property of 28,000 square feet, and constructed an 82-unit residential rental property on land presently used as a surface parking lot.  The area has superior age/income demographics.  Development is by-right and requires no affordable housing units.

The property is located on Wisconsin Avenue, adjoining Whole Food Markets, across the street from CVS and Starbucks, and overlooking the parkland of the Naval Observatory and Vice President’s residence.