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Oakwood Gaithersburg Apts. Trade for $31.3 Million

Archstone Sells 11-Story Multifamily Bldg.
By Jason Weber
February 27, 2013 | 5:15 P.M.

Bernstein Management, a Washington, DC-based property investment firm, acquired an 11-story luxury high-rise apartment complex in Gaithersburg, MD, from Archstone for $31.3 million, or about $230,147 per unit.

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