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Akelius, a Swedish real estate investor, closed on its 12th investment in Boston with the purchase of the 56-unit apartment complex at 12 Commonwealth Ave. in Boston’s Back Bay for $33.5 million, or approximately $598,000 per unit.
The building is primarily comprised of loft and one-bedroom units, with a few two-bedroom apartments. It was originally constructed in 1910.
Biria St. John of CBRE-New England represented both sides of the deal…
Article From: "Key Realty Commercial Real Estate News" Read full article