Image courtesy of CBRE

Boston-based Synergy Investments has acquired a waterfront high-rise in Quincy for $114.5 million in a partnership with a Japanese investor.

The 12-story Neponset Landing at 2 Hancock St. contains 280 one- and two-bedroom apartments with an average size of 944 square feet.

CBRE’s multifamily capital markets team of Simon Butler, Biria St. John and John McLaughlin represented the seller, Portland, Oregon-based Green Cities Co., which bought the property in 2016 for $89.5 million.

Synergy joint-ventured with a foreign investor on the latest transaction. The corporate entity listed on the deed, NS Boston IV, lists as its manager Chihiro Kiyoshige, president of New York-based real estate investor UDA USA Inc., a subsidiary of Tokyo-based NTT Urban Development Corp.

Completed in 2007 by Conroy Development of Stoughton, Neponset Landing received LEED Gold certification in 2018. The single-building complex includes a resident lounge, fitness center and garage parking and currently lists units starting at $2,170 per month.

“Neponset Landing offers Synergy Investments the ability to generate strong long-term returns given its outstanding location and the ability to add value through a renovation program,” CBRE’s Butler said in a statement.