Trammell Crow Residential Opens Latest Multifamily Property in Greater Los Angeles Area
July 10 2024 - 7:30AM
Business Wire
Alexan Marmont offers luxury, amenity-rich
apartments in desirable location for Southern California
residents.
Trammell Crow Residential (TCR), the multifamily development
platform of Crow Holdings, announced that its latest Alexan
community, a 436-unit, luxury multifamily residence in Monrovia,
California, is now open and available for lease. TCR served as both
the developer and general contractor for Alexan Marmont, with the
first phase completed in June 2024.
The 436-unit Alexan Marmont offers a wide range of studio, one-,
two-, and three-bedroom floor plans, ranging from 491 square feet
to 1,545 square feet. Units feature nine-foot ceilings, gourmet
kitchens with stainless steel appliances and quartz countertops,
full-size washers and dryers, and keyless electronic entry. In
addition, the property provides an expansive community amenity
package, including two rooftop lounges, two upscale pools and spas,
a sports bar-inspired lounge, a modern fitness studio, a spacious
yoga room with on-demand classes, a co-work space, two private
conference rooms, multiple courtyards, a secure parking garage, and
an onsite dog park and grooming station, as well as a space called
“The Lodge,” which features a gourmet kitchen, bar seating, an
eight-person dining table, and more.
Situated at 1625 S. Magnolia Ave., the community’s location
grants residents proximity to the Metro Gold Line, adjacency to the
210 freeway, and scenic views of the San Gabriel Wilderness and
Angeles National Forest. The property is also just 20 miles from
downtown Los Angeles.
“We are thrilled to have officially opened Alexan Marmont to the
greater Los Angeles market. This project serves as another
testament to TCR’s ongoing effort to deliver luxury multifamily
options in high-growth areas throughout the U.S.,” said Garth
Erdossy, Senior Managing Director for the California Division of
Trammell Crow Residential. “Our team is extremely appreciative of
all of our partners, who were invaluable in getting us to the
finish line, and we look forward to seeing the success of the
community in the years to come.”
About Trammell Crow Residential
Trammell Crow Residential (TCR) is a leading multifamily real
estate developer with a local presence in 16 key U.S. markets. Over
45 years, TCR has built more than 285,000 premier multifamily
residences, delivering amenity-rich communities in economically
thriving locations nationwide. TCR is part of the development
platform of Crow Holdings, a privately owned real estate investment
and development firm with 75 years of history, $33 billion of
assets under management, and an established platform with a vision
for continued success. For more information, please visit
www.crowholdings.com.
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Media Adam McGill Crow Holdings (o) 214-661-8376
amcgill@crowholdings.com
Prosek Partners pro-crowholdings@prosek.com