Trammell Crow Residential Completes $51M Land Deal in VA

Trammell Crow Residential closed on 5.8 acres at the Dunn Loring Metro Station outside of Washington, DC, for $ 51.2 million, or approximately $ 8.8 million per acre.

The Washington Metropolitan Area Transit Authority sold the parcel, currently a parking lot, which is part of a 15.4-acre Metro station redevelopment in Vienna, VA.

TCR’s redevelopment will consist of 720 residential units and 125,000 square feet of retail, including a Harris Teeter…
National Commercial Real Estate News From CoStar Group