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Boston & New England  + New England  + Apartments  |  May 23, 2024
Emily Fu
By: Emily Fu

CBRE Arranges Sale of 140-Unit Mill Creek Townhomes 

Landings Real Estate Group has acquired Mill Creek Townhomes, a 140-unit, market-rate apartment community in North Kingstown, Rhode Island. The seller is an affiliate of The Grossman Companies, a Quincy, MA-based real estate investment firm. 

Mill Creek Townhomes, built in phases in 1968 and 2006, consists of 31 residential buildings and a clubhouse, with two-, three-, and four-bedroom homes averaging 1,126 square feet. The community spans 47 acres. 

CBRE represented the seller and procured the buyer with a team led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler. “The property offers the Landings Real Estate Group the ability to earn strong long term returns through the execution of their value-add program and substantial capital investment,” said Butler. 

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Simon Butler

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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