Colliers International is pleased to announce the sale of Elan-Williamsburg, a multifamily community located at 100 Whitworth Way, Williamsburg, Va. from Greystar to Capital Square 1031.
Elan, a trophy asset constructed by Greystar in 2018, is located in the heart of Virginia's Colonial Williamsburg. Residents enjoy modern interior finishes, open floor plans and luxurious resort-style amenities including beach entry pool and state-of-the-art fitness center. The location boasts superior demographics and affords residents access to more than four million square feet of the region’s finest retail within a three-mile radius including Williamsburg Premium Outlets, Merchant Square, the Shops at High Street and Marketplace Shopping District.
G.S. (Hank) Hankins, senior vice president; Charles Wentworth, senior vice president; Will Mathews, managing director; Victoria Pickett, first vice president; Clay Ellis, associate; and Garrison Gore, associate, with the Colliers National Multifamily Advisory Group, represented the seller.
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Colliers International (NASDAQ, TSX: CIGI) is a leading real estate professional services and investment management company. With operations in 68 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to maximize the value of property for real estate occupiers, owners and investors. For more than 25 years, our experienced leadership, owning approximately 40% of our equity, has delivered compound annual investment returns of almost 20% for shareholders. In 2019, corporate revenues were more than $3.0 billion ($3.5 billion including affiliates), with $33 billion of assets under management in our investment management segment. Learn more about how we accelerate success at corporate.colliers.com, Twitter @Colliers or LinkedIn.