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ALEXANDRIA, VA-Baltimore-based Continental Realty Acquisitions has snapped up a multifamily property here for $23 million, with an eye to repositioning it and then taking advantage of the new job growth expected in the submarket. The class B apartment complex, Parkwood Court, is a 189-unit located at 101 N. Ripley St. CRS Alexandria Corp. was the seller. Andy Boyer, executive vice president of CBRE’s Washington Regional MultiHousing Group brokered the transaction.

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