Washington, DC Office

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.

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present The Colonel – a core plus, mixed-use asset in Shaw, Washington, DC’s rapidly expanding and hippest neighborhood. The Colonel’s prime location allows for unparalleled access to Blagden Alley, with its unique mix of history, modern mural art, and world class bars and restaurants. The minimarket around the property is supply-constrained, with only one delivery expected over the next 12 months. Moreover, a study of rent comps demonstrates $200+ monthly rent increases can be unlocked through renovating the remaining units to a similar standard. The submarket’s demographics show that the 25-to 34-year-old young professional segment is the largest and fastest-growing, and residents at the property are one block away from the nearest metro station, providing direct access to employment, DC’s waterfront, and Northern Virginia. Overall, The Colonel occupies the best location in DC’s most desirable residential and entertainment enclave and features rental upside within a supply-constrained minimarket, making it a one-of-a-kind multifamily investment opportunity.

Cushman & Wakefield’s Mid-Atlantic Multifamily Advisory Group is pleased to present Crescent at Chevy Chase, a newly constructed asset located in Chevy Chase, Maryland, one of the wealthiest suburbs in the broader DC metro area. The Property is located squarely in the path of growth, as it is just a 5-minute walk to the Connecticut Avenue Purple Line stop, which is currently under construction and will be delivered in December 2027, providing transit access from New Carrollton to downtown Bethesda. This transit expansion will provide easy access to the haven of amenities in downtown Bethesda, which has over 1.7M SF of retail space and is the home of numerous Fortune 500 companies. The property’s location also allows for easy access to I-495 and I-270, providing access to the bulk of suburban Maryland’s prominent federal and regional employers, including the NIH, Marriott International Headquarters, Walter Reed National Medical Center, Suburban Hospital, Lockheed Martin, and the broader I-270 Biotechnology Corridor which is the pre-eminent research corridor in the country with over 300 biotech companies and more than 50,000 employees. The demographics within a one-mile radius of the property are among the best in the region, as median household income, bachelor’s degree attainment, and white-collar employment all exceed those of Montgomery County and the Washington DC MSA. On top of this, the average monthly mortgage payment needed for the median home sale price in Chevy Chase is 146% higher than the average effective rent in the Chevy Chase submarket, further driving foot traffic to rental housing. The property was constructed to LEED certification standards, resulting in a full county tax abatement through 2028, boosting the property’s appeal and value for future ownership. Crescent at Chevy Chase is an ideal opportunity to acquire a best-in-class asset in a dynamic location with rental and operational upside potential, at an attractive discount to replacement cost.

Cushman & Wakefield is please to offer for sale Revel (the “Property”), a 393,240 SF newly constructed trophy mixed-use asset consisting of 500 multifamily units, 39,177 SF of retail space, and a 130-space commercial parking garage in Washington DC within the NoMa neighborhood. Revel is a 12-story, pre-stabilized mixed-use asset that offers premier amenities including a penthouse clubroom, rooftop terrace, rooftop pool, courtyard, fitness center, pet spa, direct access to the adjacent hotel rooftop bar and much more. In September 2022, residents began moving into the asset. Revel is currently 97% leased for multifamily (including Churchill) and 72% leased for the retail. Revel provides an investor the opportunity to acquire an exciting trophy asset in a premier location that drives outsized growth and metro-leading absorption.