Fairfield Residential has sold a 171-unit Quincy apartment complex to Mill Creek Residential for $50 million.

The sale price is over $292,000 per unit. The complex on Falls Boulevard is located within a mixed-use development including condominiums, Roche Bros., Starbucks and Wal-Mart.

The new owners have renamed the complex Alister Quincy. It was previously known as 5 Hundred Falls.

CBRE/New England’s Simon Butler and Biria St. John represented the seller and procured the buyer.

Quincy Apartment Complex Sold, Renamed

by Banker & Tradesman time to read: <1 min
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