Solaire Metro Apartments Commence Residential Leasing Amidst Silver Spring Revitalization

GREENBELT, Md., June 28, 2012 /PRNewswire/ -- Washington Property Company (WPC) and Bozzuto Management Company today announced that Solaire Metro Apartments, a luxury apartment community located in Silver Spring, has begun residential leasing.

Solaire is in the Ripley District of Silver Spring, a revitalization area centered around a new transit center, which lends itself to foot, bike, bus, Metro and MARC train commuting and shopping. The redevelopment of the Silver Spring Metro and bus terminal will provide Solaire residents with direct walking access to the new station, an area that will be revitalized around open spaces and will combine a mix of office and apartment buildings connected by bike trails and pedestrian routes.  

Solaire is a 17-story luxury high-rise community, which contains 295 studio, one and two-bedroom plus den residences in five floor plan options. Apartment features include floor to ceiling windows, balconies, gourmet kitchens and luxurious baths with ENERGY STAR stainless steel appliances.

The community also includes nine Live & Work units, which feature the same luxury features and finishes of other Solaire apartments, but offer individual sidewalk entrances, ideal for artists or entrepreneurs that wish to work from home. Sliding glass doors separate living and work space, and suite plaques outside identify businesses to current and prospective clients.

Solaire's amenities are extensive and feature a full-service concierge, resort-style pool and sundeck, roof deck with commercial grill and fireplace, cyber cafe with 24" Mac computers, fitness club, party room, billiards and residents' lounge, as well as underground parking with bike storage.

In addition to being a transit-oriented community, Solaire offers extensive green features and amenities, is 100% smoke-free, and includes energy efficient appliances and low-flow, water saving fixtures that reduce utility bills and impact on the environment.

The Solaire leasing center is located at 1150 Ripley Street in Silver Spring, Maryland.  The community's first residents took occupancy in early May and the community is already 25 percent leased.

For more information about Solaire Metro Apartments, visit www.solaireapts.com or by phone at 301.859.3965.

About Washington Property Company
Washington Property Company is a full service commercial real estate company located in Bethesda, Maryland. Established by Charles K. Nulsen III, WPC is involved in a full range of real estate investment services, including acquisition, land use, development, property management, leasing and construction management.

The WPC development team is responsible for the development of over eight million square feet of commercial space in the Washington metropolitan area and actively pursues development opportunities in office, multi-family, retail and mixed-use projects throughout the region. The company currently has over 1.6 million square feet under development. For more information, visit www.washproperty.com.

About Bozzuto Management Company
Voted Property Management Company of the Year in 2011 by Multi-Housing News, and in 2000 and 2009 by the National Association of Home Builders (NAHB), Bozzuto Management Company offers the finest in apartment living and management services. With more than 120 properties in exceptional locations throughout the East Coast, Bozzuto Management provides a resident experience that is truly beyond compare. The company is a subsidiary of The Bozzuto Group, a full-service real estate firm headquartered in Greenbelt, Maryland. For more information, visit www.bozzuto.com.

SOURCE Bozzuto Management Company