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The 171-unit garden-style apartment complex at 500 Falls Blvd. in Quincy, MA has sold to Dallas-based Mill Creek Residential Trust and an institutional partner for $50 million, or approximately $292,000 per unit.
Formerly known as 5 Hundred Falls, the rebranded Alister Quincy community delivered in 1997 within The Falls mixed-use development home to a Roche Brothers grocery store, Starbucks and a Wal-Mart, and roughly two miles from the MBTA-Quincy…