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APTA Completes Sale of Transpotomac Plaza Buildings, Sets Up Mixed-Use Redevelopment in Old Town Alexandria

Community Three Development and Whitaker Plan to Redevelop the Three Aging Office Buildings As APTA Prepares Move to New HQ in Early 2021
1055 N. Fairfax St. is one of three office buildings acquired by Community Three Development and Whitaker that has been proposed to be converted to multifamily. (CoStar)
1055 N. Fairfax St. is one of three office buildings acquired by Community Three Development and Whitaker that has been proposed to be converted to multifamily. (CoStar)
By Ella Anderson
CoStar Research
September 1, 2020 | 4:36 P.M.

After more than two years on the market, the American Physical Therapy Association has sold its longtime headquarters in Alexandria, Virginia, in a deal that clears the way for a new mixed-use redevelopment in Old Town.

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