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Exclusive Investment Offering: Condominium Interest - Transwestern

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50<br />

TRANSWESTERN ASSET INVESTMENT SALES GROUP | EXCLUSIVE INVESTMENT OFFERING<br />

Property<br />

Property Overview<br />

The Shops at the Palladium is an exquisite retail condominium interest<br />

consisting of 9,491 square feet of first floor space in the award-winning,<br />

mixed-use development, The Palladium. The Palladium was developed by<br />

Waterford Development LLC in conjunction with Madison Homes and features<br />

unparalleled luxury condominium living, commercial and retail space. The<br />

attractive brick and architectural stone building was designed to anchor the<br />

revitalization efforts of downtown McLean. The unique, terraced park features<br />

a spectacular water sculpture, Oasis, by Baltimore sculptor Rodney Carroll<br />

which serves as the centerpiece of The Palladium’s tranquil Civic Green where<br />

area residents can linger after visiting retail stores or enjoying a walk.<br />

Other onsite amenities are abundant and include a conference room, an<br />

exercise room with personal earphones and TVs, a private training area, and<br />

yoga and karate classes. The lounge has a fireplace, quiet reading corners,<br />

a kitchen bar area, and a billiards room. Carlyn and Company decorated the<br />

elegant marble lobby, which offers a personalized concierge desk.<br />

Delta Associates, awarded The Palladium the Best Mid-Atlantic <strong>Condominium</strong><br />

Project at its annual Mid-Atlantic Apartment and <strong>Condominium</strong> Industry<br />

Awards for Excellence. This award is based on sales price, location, overall<br />

design, and marketing, among other criteria.<br />

Project Details<br />

Developer:<br />

Waterford Development LLC in alliance<br />

with Madison Homes<br />

Architect:<br />

Lessard Architectural Group<br />

Total Residential Units: 69 Units<br />

Number of Residents: Approximately 140<br />

Square Footage:<br />

Residential - 103,00 Sq. Ft.<br />

Retail - 9,491 Sq. Ft.<br />

Office - 6,500 Sq. Ft.<br />

Stories:<br />

4 Stories<br />

Unit Breakdown:<br />

Luxury two- and two-bedroom with den<br />

units<br />

Price: Units averaged over $1,000,000<br />

Note: Only the Retail <strong>Condominium</strong> is part of this offering.<br />

The McLean Civic Green at The Palladium

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