Commonwealth Atlantic Properties
Location: Arlington and Alexandria Counties, VA, Washington DC, Santa Monica, CA
Initially, the entitlement and partial development of the original rail yards stretching from Washington Reagan Airport to Old Town Alexandria along the Potomac River, allowing for $5 billion of new mixed-use development including office, retail, industrial, residential, hotel, mass transit and parks. Ultimately, the tax-efficient exchange of the entitled development project for high quality operating assets in Washington, D.C. and Southern California.
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