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