This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Sale of Metropolitan at Pentagon Row Closed by HFF 2009-10-30 13:50 ET - News Release  Company Website:
http://www.hfflp.com WASHINGTON -- (Business Wire)
The Washington, D.C. office of HFF (Holliday Fenoglio Fowler, L.P.)
announced today that it has closed the sale of Metropolitan at Pentagon
Row, a 326-unit, luxury multi-housing high-rise in Arlington, Virginia.
The HFF investment sales team was led by directors Dave Nachison and
Alan Davis, who marketed the property on behalf of a partnership between
Cornerstone Real Estate Advisers, a national commercial real estate
advisor with approximately $8 billion of assets under management, and
their locally based partner, Kettler. Equity Residential purchased the
Class A high-rise for nearly $100 million free and clear of any existing
financing.
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