This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Urban Pace Sells Out Two CASRiegler Developments At Record-Setting Prices

WASHINGTON, April 4, 2013 /PRNewswire-USNewswire/ --   Urban Pace, the premier new home sales and marketing company for urban developers in Washington, today announced record-breaking sales prices on two just-completed developments.  Lock & Electric on 14th Street NW sold out prior to completion at square foot prices of more than $660, with prices ranging from the $600's to the upper $800's.  Old Bacon Street Condominiums in Columbia Heights sold at prices in the upper $600's – representing the very top tier in this sub market.   

Both condominium developments were the work of CASRiegler, a DC company that has made its reputation by creating one-of-a-kind living spaces.  "CASRiegler's approach in design and development is to offer the buyer the chance to purchase a 'custom' home – choosing their finishes and design elements -- at a retail price," said Lynn Hackney, President of Urban Pace.  "This has allowed them to sell larger and more expensive homes than average in these sub markets."  At both Lock & Electric and Old Bacon, CASRiegler incorporated large private outdoor spaces and soaring ceiling heights, characteristics that have become the hallmark of their work.  Snead Construction was the general contracting partner on both projects. 

"Rather than using traditional marketing techniques such as paid advertising and MLS listings, these two projects were marketed exclusively to the internal VIP lists we developed for each, as well as to our 'friends of the firm' list," said Seth Potack, Executive Vice President of Urban Pace.  Urban Pace develops and maintains proprietary email marketing lists as one of its value-added services for developers. 

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 12 years.  The Urban Pace portfolio of properties exceeds 3.0MM square feet of urban condominiums and townhomes in the urban 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

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs