Barton House Update 12/27/21

Akelius Acquires Barton House in Arlington

On 14 December 2021, Akelius acquired 214 apartments in Arlington, Virginia. The purchase price was just over $75M. Barton House was built in 1966 and contains a gym, a resident lounge, a courtyard, and a rooftop pool. The property also came with a piece of land that is leased to the city. The city allows residents to have communal gardens, which supports to grow local produce and contributes positively to the environment.

"We look forward to having this type of facility in our portfolio and contribute positively to the community" says Jordan Milewicz, Head of US.

"Barton House has many aspects we look for in a property - great connectivity to the region along with strong employment and entertainment drivers" says Matt Serenius, Head of Washington.

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