Westgate of Laurel apartment building sold for $28M

A multi-unit apartment complex in Laurel has been sold.

Westgate of Laurel, a 218-unit apartment complex built in 1964, was sold for nearly $28 million to Westgate Apartments investors LLC, by Westgate DNB Associates, a subsidiary of Geller Associates Inc. of Roseland, N.J.

“The Baltimore-Washington corridor and the region around Fort Meade, the National Security Agency, Defense Information Systems Agency, and U.S. Cyber Command have become a magnet for high-tech jobs. The resulting stability…