McWilliams|Ballard Sets Highest Price per Square Foot at 2910 Georgia Avenue

WASHINGTON, DC--(Marketwire - Jan 19, 2012) - McWilliams|Ballard announced today that it has sold out and settled all market-rate units at 2910 Georgia Avenue, located in Northwest Washington, DC. With sellout pricing well above $400 per square foot, the market rate sales at 2910 Georgia Avenue represent the highest price per square foot paid at a condominium community in the sub-market in 2011. Sales began this past fall, and McWilliams|Ballard sold out all market rate units in only seven weeks. The final two homes, part of the Washington, DC Affordable Housing program, are awaiting candidates from the city and soon too will be filled with new homeowners.

2910 Georgia Avenue is a condominium community located near Howard University and the U-Street corridor on Georgia Avenue. Featuring a rooftop deck with panoramic views of Washington, DC, Virginia and Maryland, every home at 2910 Georgia Ave features sand-in-place hardwood flooring, designer kitchens with granite countertops and stainless steel appliances, 9' ceiling, recessed lighting, and bathrooms featuring Hansgrohe fixtures. Linde Development, who has, for the past 30 years, had an unwavering attention to quality and detail, developed 2910 Georgia Ave. Pricing for 22 one- and two-bedroom homes ranged from the mid $200,000s to over $400,000.

"McWilliams|Ballard prides itself on looking at each community individually and creating a tailored solution to best fit the needs and expectations of the client and public," says Ross McWilliams, President at McWilliams|Ballard. "Because of Linde Development's attention to detail, we were able to complete the market-rate sales quickly and achieve record breaking price per square foot for these homes. 2910 Georgia Ave is another testament to our overall philosophy of creating unique, customized real estate marketing solutions in the face of an ever changing marketplace."

About McWilliams|Ballard
McWilliams|Ballard, based in Alexandria, Virginia, is a sales and marketing firm specializing in the sales and marketing of condominiums and townhomes. While based in the Washington, DC Metropolitan Area, McWilliams|Ballard has clients nationwide, creating partnerships with developers and builders to provide sales and marketing solutions from project inception to the final closed sale. In addition to start-to-finish sales and marketing, the firm also provides consultation and market research used by some of the largest development firms in the country. Founded in 1996, the firm's expertise now spans more than ten states nationwide including Virginia, Maryland, Connecticut, Florida and the District of Columbia. As one of the most successful project development real estate and marketing firms in the country, McWilliams|Ballard has sold and settled over 22,000 homes worth over $8.4 billion; more than any other firm in the Mid-Atlantic Region, and is consistently ranked in the top 5 of national firms with a focus on for sale multi-family product.