Jamestown bought The Ellington, a mixed-use property in Washington, D.C., from TH Real Estate for $118.6m. The property features 190 units and 16,760 sq ft of ground-floor retail. Tenants include Mattress Firm, United Bank, three ethnic restaurants and a wine bar. Eastdil Secured brokered the deal on behalf of the seller, who purchased the property in 2011 for $100m. The new owner is planning to revitalize the common areas and retail space through 2019.
