Acquired in 2022, Grosvenor Tower is a 21-storey multi-family apartment building located in North Bethesda, Maryland.
Plans for the 21-storey building include investing in upgrades to modernize common areas and improving apartment interiors.
In line with our long-term commitment to sustainability and supply chain diversity, we will implement methods to significantly reduce the building’s carbon footprint and ensure that minority and women-owned businesses are fairly represented in projects relating to the property.
The property is uniquely situated at the confluence of the I-395, I-270 and Rockville Pike, and is a 0.25-mile walk from the Grosvenor-Strathmore Red Line Metro Station. Ample green space and access to nearby walking and biking trails creates a serene urban retreat for residents.
ESG Impact:
Property type: Multi-family residential
Location: North Bethesda, Maryland
Acquired: 2022
Constructed: 1987
Size: 230,364 sq.ft. I 237 units