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WASHINGTON, DC-Equity Residential, an apartment giant based in Chicago, has acquired two apartment complexes in the Washington, DC Metropolitan Area. The firm has recently purchased 1500 Massachusetts Ave. NW, a nine-story apartment building near the White House, for $95 million.

In another deal, Equity has purchased The Clarendon Apartments located at 1200 N. Herndon St. in Arlington from Bethesda-based Clark Realty. The complex, constructed in 2003, comprises 4,000 square feet of retail space and 292 apartments.For the full story, go to Washington Business Journal.


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