White Flint development sells for $200m

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It’s been open for just a few months and already the mixed-use development called North Bethesda Market in White Flint has a buyer for $200 million. The JBG Cos. and MacFarlane Partners anounced Monday they have sold majority interest in their project to Chicago-based Capri Capital Partners LLC.

Located across Rockville Pike from White Flint mall, the development totals 397 apartments, a 1,200-space parking garage plus 199,000 square feet of retail space anchored by a Whole Foods Market, Seasons 52 restaurant, Arhaus and LA Fitness. It also contains the tallest tower in Montgomery County at just under 300 feet.

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