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Boston & New England  + New England  + Apartments  |  December 3, 2019
David Cohen
By: David Cohen

Chestnut Realty Acquires New Hampshire Apartment Community for $14M

Chestnut Realty Partners has acquired Brookstone Manor, a 92-unit market-rate apartment community in Milford, N.H. for $13.5 million.

Built in 1985, Brookstone Manor is a 92-unit 100% market-rate apartment community consisting of four separate garden-style buildings as well as a two-story duplex building. The community is also nearby employment centers in Manchester, Merrimack and Nashua. Brookstone offers an amenity package that includes on-site storage, dog park, playground and grilling stations.

Simon Butler and Biria St. John of CBRE represented the seller, Aspen Square Management, in the transaction.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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