Griffin Capital Completes 396-Unit Multifamily Development in Herndon, Virginia

DevelopmentMultifamilyHerndonVirginiaWashington, D.C.
•3 min read

Griffin Capital Announces Completion of The Wyatt

Griffin Capital announced the completion of construction on The Wyatt, a 396-unit mid-rise apartment community located in Herndon, Virginia. The project was completed on November 24, 2025.

Transit-Oriented Multifamily Community

The Wyatt is located approximately 30 minutes from downtown Washington, D.C., and offers residents direct access to the Innovation Center Metro Station. The location provides connectivity to major employment centers throughout the region and proximity to Route 267, Route 28, and Dulles International Airport.

The five-story community includes studio, one-, two-, and three-bedroom units. Amenities include a game room and lounge, two-story fitness center, resort-style pool, courtyard with grills and firepits, and co-working spaces. The property also offers access to nearby shopping, dining, and a newly constructed park.

Company Statement and Portfolio Overview

“The completion of The Wyatt underscores our commitment to developing high-quality housing in prime, transit-oriented locations,” said Paul De Martini, chief investment officer at Griffin Capital. “This community not only provides an exceptional living experience for its residents through modern design and amenities but also contributes positively to the economic vitality of Herndon by delivering a premier asset in a key growth corridor.”

According to the company, Griffin Capital has raised approximately $2.0 billion in equity across its Qualified Opportunity Zone Funds and manages a portfolio of 32 multifamily communities in various stages of construction, leasing, and operations. The combined portfolio totals more than 10,900 units with an estimated total value of $3.9 billion.

About Griffin Capital

Founded in 1995, Griffin Capital Company is a real estate investment and management firm with experience in acquisitions, investment management, capital markets, financial reporting, legal, development, and construction management. The firm reports having owned, managed, sponsored, or co-sponsored approximately $24 billion in assets across multiple real estate sectors and investment structures. Its executives and employees have co-invested more than $300 million across its investment platforms.

Sources

Griffin Capital Company press release