Zurich Alternative Asset Management has sold Siena Park, a 188-unit, core, infill multi-housing community with 33,602 square feet of retail and 17,373 square feet of office space in Arlington, Va. The sales price was $80.1 million.
The new buyer was not disclosed.
The property includes studio, one- and two-bedroom units averaging 844 square feet. The apartments feature luxury finishes and stainless-steel appliances, contemporary cabinetry, granite countertops, kitchen islands, built-in bookshelves, frost-free refrigerators, and spacious bathrooms. Siena Park provides residents with a fitness center and weight room, game room with billiards, clubhouse, outdoor pool, rooftop deck, coffee bar and cybercafé, and ground-floor retail, including dining, shopping and entertainment.
Located at 2301 Columbia Pike, Siena Park residents benefit from the proximity to retail, dining and entertainment at Village at Shirlington, the R-B corridor, Columbia Pike, Ballston Quarte
