SILVER SPRINGS, MD - The addition of these two communities, 340 and 342 apartment homes respectively, increases the total Grady Management, Inc. portfolio to over 13, 200 apartment homes in Maryland and Virginia.
Silver Spring, MD – Grady Management today announced that it has assumed property management of Evolution at Towne Centre Laurel and Discovery Square on behalf of an established local ownership group. The 340-unit Evolution at Towne Centre is located in Laurel, MD and the 342-unit Discovery Square is located in Herndon, VA.
Opened in 2017, Evolution at Towne Centre Laurel includes 340 upscale units in 1-, 2- and 3-bedroom floorplans as well as den and loft-style units. Located within Towne Centre Laurel – which includes 350,000 square feet of retail, dining and entertainment, including a Harris Teeter grocery and Regal Cinemas, the community is just minutes from two MARC train stations for efficient commutes to Baltimore and Washington, DC, and less than 15 minutes from Fort Meade, the largest employer in the state of Maryland. The location offers quick access to the areas' major highways and thoroughfares including I-95, the Baltimore-Washington Parkway, and the Inter County Connector.
Built in 2016, Discovery Square is a 342 unit midrise located at 13720 Atlantis Street in Herndon, VA. It is an amenity packed community which offers 1- 2- and 3-bedroom floor plans ranging from 652 to 1,410 square feet. The community is located near Fair Oaks Mall, Dulles Town Center, and Reston Town Center, offers quick access to Route 28, I-66, Fairfax County Parkway and Dulles Toll Road, and is convenient to the Silver Line Metro, Dulles International Airport, and Washington D.C. sporting events and museums.
"We are very excited to add two more communities to our portfolio, not only because of general growth but because of the growth in new sub-markets and Class of community, " said Brian Alford, President of Grady Management. "With our strong partnerships with local private ownership groups, we look forward to continuing to grow our portfolio and Grady Management, Inc."
About Grady Management, Inc: Grady Management, Inc. (GMI) is a full-service, residential, commercial and real estate management/consulting firm, which oversees millions of dollars’ worth of income-producing communities throughout Virginia and Maryland. With over 50 years of business experience, Grady Management remains committed to offering exceptional customer service. In 2018 Grady Management was honored for the fourth consecutive year with a National Resident Satisfaction Award from SatisFacts. Also, in 2018, it was announced that 38 Grady managed communities had earned Apartment Rating’s Top Rated Award for 2017. Three Grady managed communities have also been recognized among the 2018 Elite 1% properties in the nation for online reputation. For more information on Grady Management, go to www.gradymgt.com