PRESS RELEASE
By: NewMediaWire
October 21, 2024
Boston Realty Advisors Completes Sale of Shawomet Gardens
BOSTON - (NewMediaWire) - October 21, 2024 - Boston Realty Advisors, the Boston area’s largest independent commercial real estate brokerage, represented Audubon Road Associates in the sale of Shawomet Gardens, a community of 240 handsome garden residences in Somerset, MA.
To view the full announcement, including downloadable images, bios, and more, click here.
Key Takeaways:- At a time when high interest rates have slowed real property transactions, Boston Realty Advisors advised the owners over about four months, leading to the closing of the sale of the market-rate apartments on Oct. 8.
- The apartments, in 60 well-maintained brick buildings with extensive green space over 12 acres, were built in the late 1940s by the U.S. Government and have been owned for decades by the same family.
Click image above to view full announcement.
ABOUT BOSTON REALTY ADVISORS
Founded in 2001 by Jason S. Weissman, Boston Realty Advisors is a Boston-based, privately held, locally operated real estate firm. BRA is a leader in the middle markets, focused on investment sales, corporate real estate and retail. For more information, please go to www.bradvisors.com. Contacts:Tom Palmer, Tom Palmer Communication
617.755.7250
tompalmer@rcn.com
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