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Goldman Sachs Snaps Up Boston East Apartments
A CBRE team led by Simon Butler, Biria St. John, John McLaughlin and Brian Bowler arranged the sale of Boston East, a 200-unit, Class A apartment community in East Boston, MA. The purchase price was not disclosed. However, the Boston Business Journal reported it as $85.25 million.
CBRE represented the seller, an affiliate of Los Angeles-based investment firm American Realty Advisors. The CBRE team also procured the buyer, the Real Estate business at Goldman Sachs Alternatives.
Built in 2018, Boston East is a six-story residential community situated on Boston Harbor in the East Boston submarket. Property amenities include first-floor club room with meeting space, sky lounge and terrace, fitness center, and community arts space.
The community features an outdoor firepit, grilling stations, gaming area and direct access to the Harborwalk. It’s also within walking distance to the Maverick T station.
- ◦Sale/Acquisition

