Akridge sells 1701 Rhode Island to an Entity affiliated with EXAN Capital
July 8, 2019
(Washington, DC)— Earlier today Akridge announced the sale of 1701 Rhode Island to an entity affilliated with EXAN Capital for $119 million, with a net recorded price of $105.7 million. The sale represents the culmination of a successful business plan for the property. Akridge and its partner, Alcion Ventures, L.P., first purchased the YMCA National...
