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5801 Duke StAlexandria, VA 22304
Aspect
Asset ClassMixed Use
Pad-Ready Multifamily Development

Overview

On behalf of Foulger Pratt (“FP” or the “Sponsor”),Cushman & Wakefield is pleased to offer a Joint Venture Partner (the “Investor”) a 75% - 95% stake in the development of Aspect (the “Project”), a 386K SF shovel-ready multifamily development with ground floor retail located in Alexandria, VA - a prestigious destination in the DC Metro, blending historic charm with modern residential, retail, entertainment, and businessopportunities.

 

The Sponsor is seeking an equity partner for Aspect, which will be an integral part of the larger WestEnd redevelopment. This Project will be a part of a transformational placemaking development which is anchored by a $2B+ Inova Hospital spanning over 1.1MM SF, over 2,500 residential units, 300K SF of retail, 100K SF of medical office, four acres of parks and a regional transit hub. Aspect will feature 390 multifamily units with 66K SF of retail. Aspect offers an Investor a rare opportunity to be a part of a generational placemaking development. The Project also offers an Investor substantial growth opportunities across the master plan development, including access to one of the strongest Opportunity Zones in the nation, continued economic boom, extraordinary location amenities, and high-income renters.

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5801 Duke StAlexandria, VA 22304

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