Grosvenor Americas has acquired 340 Morse Street, a planned 265,000-square-foot mixed-use residential building in Washington, D.C., along with a smaller condominium development in the northeast area of the district, reported Commercial Observer.
These were separate transactions. The 340 Morse Street property was acquired from Kettler Inc., while the condominium property was acquired from JBG SMITH.
The 13-story 340 Morse Street will include 260 apartments, with construction expected to start in late 2020 with a delivery date of early 2023.
