Northfield Properties has purchased a portfolio in downtown Peabody for $8.3 million.

The property includes 12 buildings and two parking lots consisting of more than 150 units, 22 of which are retail, with the balance primarily residential units. Reading Cooperative Bank arranged the first mortgage on the sale. Brian Dapice, Director of KW Commercial in Beverly represented seller David J. Gordon Realty Trust and procured the buyer in the transaction.

"This transaction represents a significant portion of downtown Peabody, a community very quickly on the rise," Dapice said in a statement.

The sale includes the following properties:

• 61 Main St., a 10-unit mixed-use brick building consisting of eight residential and two retail units.

• 65 Main St., a 38-unit mixed-use brick building consisting of 34 residential and four retail units.

• 77 Main St. is a 18-unit mixed-use brick building consisting of 16 residential and two retail units.

• 43 Main St., a three-unit retail building with a vacant warehouse, formerly known as The Strand Theater.

• 3.5 Littles Lane, a three-unit residential triple-decker.

• 1 Littles Lane, a 15-unit mixed-use brick building consisting of 13 residential and two retail units.

• 2, 3, 4 and 6 Littles Lane, individually six-unit residential brick apartment buildings.

• 12 Peabody Square, a 32-unit, mixed-use brick building consisting of 26 residential and six retail units.

• 10 Lowell St., a six-unit mixed-use frame building consisting of three retail and six office units.