JLL Represents JBG Smith in $194 Million Sale of Bethesda Multifamily Property

JLL Represents JBG Smith in $194 Million Sale of Bethesda Multifamily Property
JLL Represents JBG Smith in $194 Million Sale of Bethesda Multifamily Property

### JLL Facilitates $194 Million Sale of 8001 Woodmont in Bethesda

JLL has successfully arranged the $194 million sale of 8001 Woodmont, a premier 322-unit multifamily property with 19,452 square feet of prime retail space in Bethesda, Maryland.

The firm represented the seller, JBG Smith Properties, in the transaction. JLL Capital Markets’ Investment and Sales Advisory team was led by Managing Directors Robert Jenkins and Bret Thompson, along with Director Andrew Gemma. The buyer was Peterson Companies.

Completed in 2021, 8001 Woodmont features a mix of one-, two-, and three-bedroom residences, with ground-floor retail anchored by Trader Joe’s. The property offers convenient access to the Bethesda Metro Station and is just minutes from Washington, D.C.

Situated in the heart of Bethesda’s dynamic live-work-play environment, 8001 Woodmont is surrounded by more than 13 million square feet of office and retail space within Woodmont Triangle and Bethesda Row.

“The sale of 8001 Woodmont demonstrates the continued strong investor interest in high-quality multifamily assets in Bethesda,” said Jenkins.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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