Apartments near Regency Square Mall sold for $23.2 million

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A 262-unit apartment community near the Regency Square Mall in Arlington has sold for $23.2 million. Moncler Landings, at 401 Monument Road, was purchased by Tampa-based Carter Multifamily. It was previously sold in 2014 for $13,525,000. CBRE’s Shelton Granade, Cliff Taylor and Joe Ayers represented seller Woodcreek LLC in the most recent sale, which closed on Dec. 21. “Renter demand continues to accelerate in the Regency area, due in large part to the strong surrounding retail and easy access...

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