Grosvenor Acquires Multifamily Property In North Bethesda For $95M

A multifamily property located at 10301 Grosvenor Place in North Bethesda, MD, has been sold in a recent transaction. The property, comprising 237 units, was purchased by Grosvenor - Scott Brody for a total sale price of $95,000,000. This translates to an average price per unit (PPU) of $400,844.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $95,000,000
• Address: 10301 Grosvenor Place, North Bethesda, MD
• Market: North Bethesda, MD

Brian Crivella and Walter Coker of Berkadia represented the buyer, Grosvenor - Scott Brody, in the transaction. The seller was AvalonBay Communities. The deal was facilitated by brokers Brian Crivella and Walter Coker.