Westwood Glen

Connecticut-based TrueNorth Capital Partners has acquired the Westwood Glen apartment community in Westwood for $34.4 million and three Somerville multifamily properties for a combined $27.25 million.

 

Westwood

The 156-unit age-restricted complex built in 1972 contains seven buildings with units averaging 802 square feet.

CBRE’s Simon Butler and Biria St. John represented the seller, Equity Residential, and procured the buyer.

 

SomervilleSomervilleSquares

Built in the 1890s, 8-12 Beacon Terrace consists of seven units averaging 1,030 square feet in three buildings outside Porter

Square.
379-385 Broadway includes 63 apartments in two attached 6-story buildings with elevators and an adjacent 77-space parking garage and a commercial suite.

The property at 39-49 Bow St. contains 18 one-bedroom apartments in three attached buildings outside Union Square with an average unit size of 520 square feet.

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

TrueNorth plans improvements to the apartments and common areas, Butler said in a statement.

TrueNorth Capital Partners Spends $61M On Greater Boston Properties

by Banker & Tradesman time to read: 1 min
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