Equity Residential Acquires Packard Building for $25.8MM

By Kristin Bentley Chicago-based Equity Residential continues to grow its presence in Capitol Hill, as it purchased a second property last week. The Packard Building, a 61-unit apartment building located at 1530 Twelfth Avenue, on the corner of Twelfth and Pine in the Pike Pine Triangle neighborhood, sold for $25.8 million, or $422,950 per unit. […]