Around Town

D.C.-based real estate investment firm Willow Creek Partners has bought a West End 189-unit apartment complex.

Willow Creek Partners bought the property from Baltimore-based Continental Realty Corporation, the latter of which bought it for $23 million in 2011. The apartment complex was built in 1963, and includes one-, two- and three-bedroom designs and seven separate floor plans.


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(Updated at 1:45 p.m. on Jan. 5) The new owner of 628 King Street is shopping the property around, and wants it to remain two retail spaces.

Douglas Development now owns three of the four buildings at the intersection of King and Washington Streets. The D.C.-based commercial real estate firm owns the adjacent properties at 700 (Lululemon) and 701 King Street (the now-closed Le Pain Quotidien), as well as 610 King Street (Anthropologie), 614 King Street (H&M) and 615 King Street (the former Walgreens) and 700 King Street.


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Bowl America agrees to sale — “Shareholders of Bowl America Inc. voted Wednesday to approve its $44 million sale to Bowlero Corp., which in turn, plans to go public through its own marriage with a blank-check company that values the larger company at about $2.6 billion. Bowl America (NYSE: BWL-A), the Alexandria-based operator of 17 bowling centers in the Greater Washington, Baltimore, Richmond and Jacksonville, Florida, areas, said it expects its sale to close Monday.” [Washington Business Journal]

McAuliffe and DNC Chair visit Alexandria — “Great event this morning at Port City Brewing Company with Terry McAuliffe and DNC Chairman Jaime Harrison! It’s clear that if we want to see Virginia’s economy continue to rebound we need Democratic leadership to build on President Biden’s Build Back Better Plan.” [Facebook]


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The city’s annual sidewalk sale is scheduled for August 14 and 15, and according to Visit Alexandria, the program is on track to be the largest one so far.

According to Visit Alexandria, over 70 local boutiques have signed up for the seasonal sale. The sale is located along several city sidewalks in Old Town and Del Ray, with a focus this year on the pedestrian-only blocks at 700-1100 King Street. The stores will be featured in outdoor exhibits with deeply discounted merchandise.


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