Urban Pace Sells Out 1020 Monroe Condominiums

WASHINGTON, May 3, 2012 /PRNewswire/ -- Lynn Hackney, President of Urban Pace, a new home sales and marketing company for urban developers, is pleased to announce that Urban Pace has sold out 1020 Monroe, located in the hip 11th street corridor of Columbia Heights in Washington, DC. The condominium building sold an average of 8 homes a month while reaching a sq. ft. price of $560; making it one of the fastest pace and the highest price per foot in the entire submarket and beyond.

(Logo: http://photos.prnewswire.com/prnh/20120210/PH51725LOGO )

Jeremy Aldridge, Vice President for Urban Pace remarks: "Everything about 1020 Monroe made it an attractive condominium community resulting in one of the most successful sales efforts in many years. The location was ideal and the building featured an exceptionally high quality of design and unique finish level.  We congratulate the developer, Madison Investments, on creating the ultimate urban condominium lifestyle and the homebuyers who invested in this community."

1020 Monroe features an historic facade with interior custom European design and a choice of nine different floor plans with two different styles. Next to the opulent residential lobby on the retail level, is the latest restaurant concept by the owners of Tryst. For more information about 1020 visit www.1020monroe.com.

About Urban Pace:

Urban Pace, LLC is a privately owned company that has been in the business of selling and marketing urban real estate for more than 10 years.  The Urban Pace portfolio of properties exceeds 2.2M square feet of urban condominiums and townhomes in the greater Washington, DC market area. For more information please visit www.urbanpace.com or call (202) 296-1203.  Follow Urban Pace on Facebook, Twitter and YouTube.

SOURCE Urban Pace

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