Southern Management adds apartment complex to growing Northern Virginia portfolio

Acquisition aligns with new owner’s long-term investment strategy

The Shelby Apartments at 6200 N. Kings Highway in Alexandria, Virginia, last sold in 2021. (CoStar)

CoStar News

September 2, 2026 | 7:24 P.M.

An apartment building outside Washington, D.C., sold to a new owner that's expanding its presence in Northern Virginia.

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Properties
- The Shelby
  6200 Kings Hwy, Alexandria, VA
Companies
- Southern Management Companies
  Real Estate
- 29th Street Capital
  Real Estate
Contacts
- Jack Canepa
  Associate Director, Berkadia Commercial Mortgage
- Bill Gribbin
  Managing Director, Berkadia Commercial Mortgage
- Yalda Ghamarian
  Senior Director, Investment Sales, Berkadia Commercial Mortgage
- Brian Crivella
  Senior Managing Director, Investment Sales, Berkadia Commercial Mortgage