Ascend Pinegrove

About Ascend Pinegrove

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Ascend Pinegrove, a Class A multifamily community in La Plata, Maryland, within Charles County, one of the fastest-growing counties in the Washington, D.C. MSA. Located approximately 28 miles from Downtown Washington, D.C., the property offers a modern, amenity-rich living experience at a materially lower cost than nearby Prince George’s County while remaining within a reasonable commute of major employment hubs. Ascend Pinegrove also benefits from strong economic indicators driven by significant federal and defense/technology investment nearby, led by the $2.7 billion Energetics Comprehensive Modernization Plan at the Naval Surface Warfare Center Indian Head Division and the expanding Indian Head Technology Corridor. These drivers support continued high-wage job growth and durable rental demand. The asset is further differentiated by its location in a non–rent-controlled jurisdiction, a highly supply-constrained submarket with limited Class A competition, strong demographic growth, and immediate access to established and planned retail amenities. This positions Ascend Pinegrove as a compelling long-term multifamily investment opportunity in the Washington, D.C. metro.