Universal Properties of Newton has acquired the 156-unit Arboretum Apartments at 100 Arboretum Way in Canton for $28.6 million.
JLL’s Travis D’Amato, Michael Coyne, Kevin Gleason and Brendan Shields represented the seller, EQR-Bond Partnership. The sales price is over $183,000 per unit.
The 12-building complex on 40 acres contains a dog park, basketball court, fitness center, grilling area and pool. Units include private balconies and walk-in closets.