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Developer Buys Arlington, Virginia, Office for $56 Million With Plans to Convert Into Multifamily

Jefferson Apartment Group Eyes 423 Units at Former RCA Building
A rendering shows Jefferson Apartment Group’s plans for a 423-unit multifamily complex. (Arlington County Board)
A rendering shows Jefferson Apartment Group’s plans for a 423-unit multifamily complex. (Arlington County Board)
CoStar News
December 9, 2022 | 5:59 P.M.

After securing approval to redevelop a 1970s-era office building into an apartment high-rise, Jefferson Apartment Group has closed on the $55.5 million acquisition of the property it plans to redevelop.

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