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Spring Hill Commons In Acton Sold For Undisclosed Amount

Sep 28, 2009 | Reprints | Unlock Link | Print

Needham-based Universal Realty recently purchased Spring Hill Commons, a four-building 105-unit apartment complex in Acton, for an undisclosed amount, according to a statement.

The 70,000-square-foot complex, located at 421 Great Road on Rte. 2A, is 94 percent occupied, according to a statement.

Paul Donahue, senior vice president/partner, Travis D’Amato, vice president, and Bill Moylan, executive vice president/partner, of CB Richard Ellis represented Equity Residential and procured Universal Realty in the transaction.

"We are extremely pleased to have facilitated this transaction on behalf of Equity Residential," said Donahue, senior vice president/partner at CB Richard Ellis. "Universal Realty has made an excellent acquisition in Spring Hill Commons-a high-occupancy, stabilized asset with development upside."

Residential Real Estate