Fitzroy offers residents an expansive range of lifestyle amenities and proximity to parks, retail and the Metro.

Pembroke has acquired residential property, Fitzroy, in Arlington, VA. Since opening in late 2023, the 9-story, 267-unit building has become a highly coveted address and is currently 96% occupied. Fitzroy is designed with thoughtful lifestyle amenities that create a sense of community including a roof deck with pool, beautifully designed social areas, co-working pods to accommodate the hybrid workforce, on-site concierge, extensive bike storage and EV parking stations. The highly desirable Clarendon neighborhood offers parks, walking trails, restaurants, shops and public transportation into Washington, D.C. Fitzroy is also LEED Gold Certified.

“With office properties in central D.C. that are home base for thriving businesses, we’re looking to leverage our learnings: people want to work and live in thoughtfully designed spaces that provide a wide range of amenities and conveniences,” said Max Timmons, Director at Pembroke in Washington, D.C. “There’s great demand for residential properties like Fitzroy that offer residents an easy commute, sustainable attributes and robust amenities to live life well. We’re delighted to add this high-quality multifamily asset to our collection of renowned properties in the world’s leading cities.”

Fitzroy, is Pembroke’s first residential acquisition in the US and part of a strategy to diversify its real estate portfolio globally in the cities where Pembroke also has mixed-use and office properties.

“Supply is not keeping up with demand for high quality residential properties in coveted neighborhoods in the world’s most sophisticated cities. Targeting investment in multifamily and BTR properties in the cities where our mixed-use and office buildings are located allows Pembroke to leverage this opportunity and our team’s local expertise,” said Jack Clark, Senior Vice President and Head of Investments at Pembroke. “A differentiator for us is that we’re uniquely positioned to move quickly with acquisitions like Fitzroy, because we’re able to close deals all cash and finance opportunistically later,” Clark continued. “2025 will be a transformative year for Pembroke as we continue to look for the right residential properties in the right places to add to our global portfolio.”

Please visit https://fitzroyclarendon.com to learn more about Fitzroy.