Mesirow Acquires 412-Unit Hanover Tysons Multifamily In McLean Virginia For $175.1M

The property asset involved in the transaction is a multifamily unit located at 1500 Westbranch Drive in McLean, VA. The sale price for the 412-unit property is $175,100,000, resulting in a price per unit of $425,000. The asset was delivered in 2022 and provides access to luxury shopping, dining, and transportation options, including three Metro Silverline stops and major highways.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $175,100,000
• Seller: Hanover Company
• Buyer: Mesirow
• Units: 412
• Price Per Unit: $425,000

Hanover Company sold the Hanover Tysons to Mesirow on January 7, 2025. This transaction highlights the involvement of Hanover Company as the seller and Mesirow as the buyer in this multifamily asset deal.