Sub Markets

Property Sectors

Topics

Boston & New England CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Boston & New England  + Metro Boston  + Apartments  | 

Wood Partners Acquires Nine-Acre Abington Development Site

A nine-acre multifamily development site located at 412 Summer St. in Abington, MA and fully permitted for 198 units sold to Wood Partners for $4,653,000. Caroline Ligotti, Linda Redeker and Emily McGranaghan of Boston City Group, Inc. at Coldwell Banker Commercial worked with the seller and procured the buyer.

Wood Partners, a national multifamily developer based in Atlanta, has established a strong presence in the Greater Boston market over the past 10 years. The firm received final approvals from Abington ZBA and Conservation Commission earlier this year to construct a single five-story building to be named Alta Abington Station.

A transit-oriented development located adjacent to an MBTA commuter rail station, the project is being built under Chapter 40B, with 25% of the units designated as affordable. It’s among the largest multifamily developments approved in Boston’s South Shore Route 3 Corridor in recent years.

Read More News Stories About: Coldwell Banker Commercial
Connect

Inside The Story

Boston City Group

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition