Monday, June 30, 2014

VANTAGE MANAGEMENT TO TAKE OVER THE PREMIER APARTMENTS IN SILVER SPRING TUESDAY (PHOTOS)

The Premier, a 160-unit apartment building at 8711 Georgia Avenue in Silver Spring, is getting new management on Tuesday. Vantage Management will take over operation of the 14-story tower, and resume lease-up for the property. Only open since January, the new, smoke-free high rise is the latest next-generation Montgomery County residential building to join the Vantage portfolio; the company recently celebrated the grand opening of Gallery Bethesda, a 17-story tower it manages for the Donohoe Companies.

"Vantage is very excited to be selected as the property management agent for The Premier and to begin a new relationship with the owners, Guardian Realty Investors," Vantage Executive Vice President and COO Brad Marson said in a statement. "The Premier is located in a thriving Silver Spring market that is saturated with a number of new apartment communities in lease-up, so we have our work out for us. Bringing this property onboard is in line with our growth strategy in the greater DC market. It’s an opportunity for us to demonstrate our expertise to lease up a new luxury building and compete in an established market like Silver Spring," Marson said.

The Premier has a Silver LEED certification, and its units range from studios to 2-bedrooms. A pet-friendly building (like Gallery Bethesda), The Premier also boasts a 24-hour concierge, stainless steel
appliances, granite countertops and wide plank wood flooring.

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