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Braintree, MA-based Schochet Cos. has partnered with Jonathan Rose Cos. out of New York City to acquire Glen Meadow Apts., a 288-unit, garden-style community located at 43 Glen Meadow Rd. in Franklin, MA.
The venture paid $51.1 million, or about $177,000 per unit, for the asset, which delivered in 1971 on nearly 27 acres off MA-140 near I-495 and the MBTA-Franklin station in suburban Boston’s 495-South Multifamily submarket. The community consists…
Article From: "Key Realty Commercial Real Estate News" Read full article