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JCE Inc. Acquires Mission Lofts Multifamily Property In Falls Church, VA For $49.52 Million

Property Image
SOLD
$49,520,000

Virginia

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MultiFamily
Sold 09/26/2023
the dealdetailscomps
Property Image
SOLD

JCE Inc. Acquires Mission Lofts Multifamily Property In Falls Church, VA For $49.52 Million

5600 Columbia Pike

See Similar Deals
MultiFamily
Sold 09/26/2023
the dealdetailscomps

Summary

VIRGINIA
Asset Type:MultiFamily
Transaction Type:Sale

The Mission Lofts, a multifamily property located at 5600 Columbia Pike in Falls Church, Virginia, has been sold for $49.52 million. The property consists of 156 units, with a price per unit of approximately $317,436.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $49,520,000
  • Address: 5600 Columbia Pike, Falls Church, VA
  • Market: Falls Church, VA

JCE Inc., a Fairfax-based developer, has acquired the Mission Lofts. The seller of the property was Wolff Co & Highland Square Holdings. The transaction was facilitated by broker Berkadia.

NOTE: JCE Inc. acquired the Mission Lofts, a 156-unit apartment property in Falls Church, Virginia, for $49.52 million.

Players

WC
Wolff Co
SELLER

Details

SOLD
IMAGE: 09/26/2023 ADDRESS: 5600 Columbia Pike MARKET: Falls Church, VA ASSET TYPE: Multifamily BUYER: JCE Inc SELLER: Wolff Co & Highland Square Holdings BROKER: Berkadia SALE PRICE: $49,520,000 UNITS: 156 ~ PPU: $317,436 NOTE: JCE Inc., a Fairfax-based developer, has acquired the Mission Lofts, a 156-unit apartment property in Falls Church, Virginia, for $49.52 million.

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