2255 Wisconsin Avenue – SOLD

Description:
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.

Location:
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.