Glen Allen, VA

Metropolis at Innsbrook





Glen Allen, VA

  • $16.5 million equity investment placed with an institutional investor for Sponsor
  • Ground-up construction of a 402-unit Class A apartment project in the Innsbrook overlay district 
  • Metropolis is the first suburban project of its kind in the Richmond market with an abundance of studio and live-work units to attract a broad range of tenants
  • Members of JBL invested their own capital in the transaction as Co-GP’s which supported the narrative around the project’s value to institutional investors not intimately familiar with Richmond's market dynamics. Most notably the increasing demand from young professionals for highly-amenitized units in close proximity to their place of employment

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