Bell Partners has expanded its presence in the Washington, D.C., metro area by acquiring Vista on Courthouse, a 220-unit multifamily residence located in Arlington, Va. The property will be renamed Bell at Courthouse and will be managed by Bell Partners. The acquisition is Bell Partners' second acquisition in Arlington this year, following the purchase of Bell Arlington Ridge in June.
Built in 2008, Bell at Courthouse is located in the heart of Arlington's fast-growing Rosslyn-Ballston Corridor and offers short commutes to dozens of major employers in the corridor as well as Amazon's HQ2 at National Landing. The neighborhood rates highly in measures of walkability and transit access, given its location adjacent to route 50 and the Courthouse Metro station, which is three blocks away.
"We are focused on acquiring rental housing communities in high-quality locations where we can leverage Bell's platform to enhance value. The Bell at Courthouse investment fits well