Virginia apartments sell to REIT

Asset comprises more than 12 dozen units
Published on Jan 2, 2008

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by CareyBot

Grubb & Ellis Apartment REIT Inc. this week announced it acquired a 148-unit multifamily project in Portsmouth, Va., for an undisclosed price. The property, The Heights at Olde Towne, comprises more than 118,000 rentable square feet on more than 3.75 ...