Chartwell Holdings, a Newton, MA-based real estate firm focused on the investment and management of multifamily communities, acquired the historic Baker Chocolate Factory Apts. at 1220 Adams St. in Dorchester, MA for $35.2 million, or about $265,000 per unit.

The three historic buildings were constructed back in the 1800’s as the headquarters for the Baker Chocolate Co. Converted to an apartment complex in the 1980’s, the 133-unit community consists…

Article From: "Key Realty Commercial Real Estate News"   Read full article