Churchill Living — in partnership with UIP — said Tuesday that it acquired a 300-unit multifamily apartment building, the Millennium at Metropolitan Park, adjacent to Amazon’s HQ2 in Arlington, Virginia.
Headquartered in Hawthorne, Churchill offers short- and long-term accommodations nationwide that feel like home, complete with high-end furnishings sourced from its own inventory of housewares and furniture. This acquisition of the 12-year-old, 19-story building is a step toward extended accommodation coverage for business and leisure travelers all over the U.S.
“With the goal of expanding our coverage in new and existing markets, this acquisition is one of several in the immediate expansion pipeline,” Churchill’s senior vice president of real estate, Avraham Rosskamm, said in a prepared statement.
Churchill Living will be an exclusive provider at the Class A property, occupying up to 150 units for leases of 30 days or more, after the building undergoes a series of topical renovations to ensure the quality and aesthetic of every apartment, amenity and community space.
“It’s exciting for us to add additional units in Northern Virginia, a core market for Churchill Living, where we regularly house government personnel and business travelers,” Churchill’s SVP of sales development, Kelsey Thompson, stated.
Amazon HQ2 plans to bring 25,000 employees to the area by 2030, putting the buyers in a great position to offer quality housing and top-notch amenities nearby.