Massachusetts

EVERETT, MASS. — LCOR has acquired The Batch Yard, a 328-unit community in Everett, six miles north of Boston. The community offers a mix of studio, one-, two- and three-bedroom units. Amenities include a pool with sundeck, outdoor media center, library, lounge, fitness center, dining room and garage parking. The acquisition marks the first deal to close under LCOR’s Innovative Living Strategy initiative, which focuses on purchasing and retrofitting properties developed in the past decade.  

BOSTON — Marcus & Millichap has arranged the sale of the Fuller Street Portfolio, a 12-unit portfolio located in the Dorchester neighborhood of Boston. The portfolio consists of two six-unit buildings, as well as a vacant lot. The properties are located at 46-48 and 301-305 Fuller St. The communities are separately metered heat and electricity, off-street parking and on-site laundry facilities. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap marketed the properties on behalf of the seller and procured the buyer. Both parties were private investors. The assets traded hands for …

MANSFIELD, MASS. — Marcus & Millichap has brokered the $4.7 million sale of a 25-unit apartment building located at 1 Samoset Ave. in Mansfield, roughly 33 miles south of Boston. According to Marcus & Millichap, the property is known locally as “The Grain Mill” and was converted from that use to residential in 1981. The community comprises 24 one-bedroom apartments and a two-bedroom penthouse. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap represented the seller and procured the buyer, both of which were local limited liability companies, in the …

WALTHAM, MASS. — CBRE has brokered the sale of Gardencrest Apartment Homes, a 696-unit community located in Waltham, about 12 miles west of Boston. CBRE represented the seller, an affiliate of Virginia-based Harbor Group International, and procured the buyer, an affiliate of San Francisco-based Fowler Property Acquisition. Simon Butler, Biria St. John, John McLaughlin and Brian Bowler of CBRE brokered the transaction. Built in phases between 1949 and 1972, the property consists of 64 buildings on 34 acres. The community offers a mix of apartments and townhome-style units. Amenities include …