Churchill Living in partnership with UIP has acquired a 300-unit multifamily apartment building, The Millennium at Metropolitan Park, adjacent to Amazon's HQ2 in Arlington, Va. The seller and the financial terms were not disclosed.
The firms plan to do a series of topical renovations to the 12-year-old, 19-story building. Amazon HQ2 plans to bring 25,000 employees to the area by 2030.
“With the goal of expanding our coverage in new and existing markets, this acquisition is one of several in the immediate expansion pipeline," said Avraham Rosskamm, Churchill's senior vice president of real estate.
The Millennium adds to Churchill's Arlington and D.C. Metro coverage as a close neighbor to The Witmer, The Bartlett and Altaire properties.
