“The Highlands project is very special to our team at Penzance after working tirelessly on the project for 11 years, but we are proud to hand over the reins to Cortland to maintain the unique community that we have created here in Rosslyn,” John Kusturiss, chief development and construction officer of Penzance, said in a prepared statement. Signature Theater is running 'A Mowtown Christmas' through December 22 with holiday hits from The Jackson 5, The Supremes, and Marvin Gaye.

The price of the acquisition was not disclosed but is believed to be approximately 25 percent of the company’s $1 billion commitment, according to someone close to the deal. “It has a best-in-class amenity set and stunning panoramic views of both D.C. Pentagon City, 1221 S Eads St Arlington Overview Photos Amenities Floorplans Top Amenities Cat friendly Dog friendly Fitness Center Granite Countertops Oversize or penthouse units Parking Garage Private Balconies Private Decks Resident Lounge Stainless Steel Appliances Swimming Pool Washer/Dryer In Unit User Rating 7. Apartments are relatively affordable for the area, the leasing team is amazing, and. “Evo was the phase 2 acquisition of Cortland Rosslyn, which is part of our regional market entry strategy to acquire assets in desirable walkable, mixed-use locations in close proximity to employment nodes,” Dan Irvin, director of investments for Cortland, told Commercial Observer. Ive had two separate leases with Aura, and Im really happy living here. Upscale features like quartz countertops and stainless steel appliances will make you proud to call any of our studio, one, and two-bedroom. Located minutes from Crystal City and surrounded by popular restaurants and shops, our Pentagon apartment community is your avenue to Arlington living. Together, the two towers offer 786 units. Come Home to Our Pentagon City Apartment Community. Late last month, Cortland acquired Oakwood Arlington, which will be renamed Cortland Arlington, as part of a seven-state multifamily deal that added 1,700 units to its portfolio.īoth the Aubrey and Evo were developed and sold by a joint venture between Penzance and The Baupost Group, a Boston-based investment manager. SEE ALSO: JV Sells Last-Mile Facility Outside DC For 66% Markup After Lease-UpĬortland had already acquired two properties in Northern Virginia earlier this year - the Aubrey, a 331-unit community that was renamed Cortland Rosslyn and Aura Pentagon City, a 534-unit community that was renamed Cortland Pentagon City.

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