A joint venture of 29th Street Capital and Willton Investment Management LLC has purchased the Fenwick Apartments building in downtown Silver Spring.
Fenwick is a six-story multifamily building occupying approximately 291,000 square feet and a below-grade parking garage. Completed in 2014, it occupies the site of a former post office and sits just three blocks from the Metro and the upcoming Maryland Purple Line, which is slated to open in winter 2027.
The building is 96.8 percent occupied, LEED Gold certified, and boasts premium amenities such as a resort-style pool, a state-of-the-art fitness center, a rooftop lounge with a living green wall, and a business center…