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Foulger Pratt Acquires MultiFamily Asset At 770 5th Street Northwest From AvalonBay For $86M

Property Image
SOLD
$86,000,000

Dc

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MultiFamily
Sold 08/19/2025
the dealdetailscomps
Property Image
SOLD

Foulger Pratt Acquires MultiFamily Asset At 770 5th Street Northwest From AvalonBay For $86M

770 5th Street Northwest

See Similar Deals
MultiFamily
Sold 08/19/2025
the dealdetailscomps

Summary

Asset Type:MultiFamily
Transaction Type:Sale

The asset involved in the transaction is a MultiFamily property located at 770 5th Street Northwest in Washington, DC. Foulger Pratt acquired the property from AvalonBay for a total sale price of $86,000,000. The property was previously known as Avalon at Gallery Place.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $86,000,000
  • Buyer: Foulger Pratt
  • Seller: AvalonBay
  • Sale Date: 08/19/2025
  • Address: 770 5th Street Northwest
  • Market: Washington, DC

This transaction highlights the involvement of Foulger Pratt as the buyer, while AvalonBay acted as the seller in this deal. The acquisition represents a strategic move for Foulger Pratt in the competitive Washington, DC real estate market.

Players

F
Foulger-Pratt
BUYER
AvalonBay Communities
AvalonBay Communities
SELLER

Details

SOLD
IMAGE: 08/19/2025 ADDRESS: 770 5th Street Northwest MARKET: Washington, DC ASSET TYPE: MultiFamily BUYER: Foulger Pratt SELLER: AvalonBay SALE PRICE: $86,000,000 NOTE: 770 Fifth St. NW in Washington, D.C., formerly known as Avalon at Gallery Place, was acquired by Foulger Pratt from AvalonBay for $86M.

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