Pacific Urban Residential Continues Eastern U.S. Expansion With Boston Acquisition
Retrieved on:
Tuesday, January 5, 2021
PALO ALTO, Calif., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Multifamily owner-operator and investment manager Pacific Urban Residential has acquired Bell at Salem Station, a 266-unit apartment community in Salem, MA.
Key Points:
- PALO ALTO, Calif., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Multifamily owner-operator and investment manager Pacific Urban Residential has acquired Bell at Salem Station, a 266-unit apartment community in Salem, MA.
- The property will be renamed Sofi at Salem Station (the Property) and marks Pacifics first acquisition in the Boston metro.
- The Propertys 94 walk score is the result of immediate proximity to over fifty restaurants, retail, and entertainment options.
- About Pacific Urban Residential: The Palo Alto, CA-based company has over $4.5 billion in assets under management and owns and manages more than 11,000 units.