JAG, CP Capital Close Land Deal for Philadelphia Apartment Complex | GlobeSt

2023-02-15 16:35:04 By : Ms. li guo

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Jefferson Apartment Group (JAG) and equity partner CP Capital have purchased 14-acres in Fort Washington, PA, a suburb of Philadelphia, to build a luxury apartment complex.

The community, located at 1125 Virginia Drive, will be comprised of 310 units across three five-story mid-rise buildings. A pedestrian promenade will connect the buildings, which will be situated among eight acres of open space. The promenade will also connect directly to Fort Washington walking and biking trails and provide access to adjacent retail.

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