COLLEGE PARK, MD—Keane Enterprises has sold4700 Berwyn House Rd. to Atlanta-based WoodPartners, who plans to develop the property into aseven-story, 275-unit apartment house.

The property is located in the middle of College Park, closeenough to, but still separate from the University of Marylandcampus.

The developer plans to build class A market-rate housing, aimedat both students and young working adults, according to ScottZimmerly, director at Wood Partners.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.