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Cambridge 294-Unit MF Complex Sold for $182M
Hanover North Cambridge, a 294-unit luxury apartment complex located adjacent to the MBTA Alewife Station in Cambridge, Massachusetts has been sold for $182 million.
The property was acquired by a fund advised by Goldman Sachs Asset Management from The Hanover Company and its institutional partner. Hanover North Cambridge offers amenities including over 26,000 square feet of indoor and outdoor amenity space and a Caribbean-inspired full-service restaurant. The property is LEED Gold Certified and provides an ideal work/life balance for residents.
The CBRE Capital Markets team of Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler led the transaction team in marketing the property and exclusively represented the seller in the negotiations.
- ◦Sale/Acquisition
