Marymount University is buying a Ballston apartment complex adjacent to one of its other office buildings in the area, with plans to convert the space into upscale housing for its students and staff.
The university announced today (Friday) that it’s spending $95 million to acquire “The Rixey,” located at 1008 N. Glebe Road. The building opened in October 2017, with a total of 267 apartments in the 15-floor structure.