Publications

Transactions - JULY 30, 2020

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Shimizu Realty Development and Capital Security Advisors JV buys Washington, D.C., asset

by Andrea Zander

A joint venture between Shimizu Realty Development (U.S.A.) and Capital Security Advisors, has acquired The Shaw, a multi-housing apartment community in the Northwest Washington, D.C., area for $49 million.

The seller was Monument Realty.

The Shaw is located next to the D.C. area’s most sought-after restaurants, shopping and entertainment, with the prominent Logan Circle, U Street Corridor, 14th Street Corridor and Bloomingdale neighborhoods just a few blocks away. The Walk Score® for locals is 98 and 92 for Bike Score®, with easy to access to all that the “live-work-play” neighborhood has to offer, with nearly 70 percent of locals using public transportation, walking or biking to work. The Shaw is adjacent to the Shaw/Howard University Station and Yellow Line. For those who prefer to drive, the apartments are close to the 14th Street roadway that links directly to I-395 and Route 1.

“In addition to the lively entertainment scene, The Shaw has unmat

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.