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Reading Apartment Portfolio Sold For $16.4M

Feb 10, 2016 | Reprints | Unlock Link | Print

Reading Depot Nominee Trust of Acton has acquired the 96-unit Reading Depot apartment complex for $16.4 million from TKV Assoc. of Billerica.

The portfolio consists of eight 12-unit brick buildings at 1 High St., 132-142 Washington St., 129 Ash St. and 25-35 Green St. in downtown Reading.

NAI Hunneman’s Carl Christie, Dan McGee and Henry Lieber represented the seller and procured the buyer. The location near the Reading Depot MBTA commuter rail station attracted widespread interest, with more than 150 registrations, 40 site tours and a dozen offers, Christie said in a statement.

Commercial & Industrial