CB Richard Ellis/Whittier Partners broker sale of 274-unit Jefferson at Wheeler Hill apartment community in Marlborough, Mass. Class "A" Apartment Community sold to RREEF
MARLBOROUGH, Mass.-CB Richard Ellis/Whittier Partners, New England's leading full-service commercial real estate services firm, announced that it brokered the sale of the 274-unit Jefferson at Wheeler Hill apartment community in Marlborough, Mass. to RREEF.
Jefferson at Wheeler Hill is a Class "A" community completed in 2003 and is comprised of 274 units spread through 8 apartment buildings on 56 acres of land. The community's amenities include a two-story clubhouse with state-of-the-art fitness center, model unit, business center, swimming pool with sundeck and movie theater. The apartments feature 9' ceilings, fireplaces on select units, full-size washers and dryers as well as garages and carports. The property is strategically located at the intersection of I-495 and I-290 and is within close proximity to the Solomon Pond Mall.
Simon J. Butler Vice President/Partner and Biria St. John Vice President of the CB Richard Ellis/Northeast Multi-Housing Team exclusively represented JPI in the sale of Jefferson at Wheeler Hill in Marlborough, Massachusetts, and procured the buyer, RREEF.
The CB Richard Ellis/North East Multi-Housing Team has now completed sales in excess of $410 million in the past 36 months in Massachusetts, Connecticut, Rhode Island, New York and New Hampshire.