Greysteel, a national commercial real estate investment services firm, has arranged the $7.2 million sale of Glen Burnie Town Apartments, a 55-unit multi-family community.

Greysteel Director Ari Azarbarzin, and Greysteel President and CEO Ari Firoozabadi sold the property on behalf of Davenport Investments. Built in 2000, the complex is located at 201 Crain Highway North, in Glen Burnie’s Town Center area. It offers a unit mix and distinct amenities for the local submarket, including restricted access garage parking, an elevator and a courtyard.