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CBRE Completes $70M Sale Of Pelham Hall Apartments In Brookline, MA

Property Image
SOLD
$70,000,000
John McLaughlin
Biria St. John
+ 2

Massachusetts

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MultiFamily
Sold 01/04/2024
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Property Image
SOLD

CBRE Completes $70M Sale Of Pelham Hall Apartments In Brookline, MA

1284 Beacon Street

See Similar Deals
MultiFamily
Sold 01/04/2024
John McLaughlin
Biria St. John
+ 2
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

Coolidge Corner, Brookline, Massachusetts has witnessed the completion of a significant real estate transaction with CBRE's involvement. Pelham Hall Apartments, an upscale mid-rise residential community consisting of 148 luxury units, has been sold for a staggering amount of $70 million.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $70,000,000
  • Address: 1284 Beacon Street
  • Market: Brookline, MA
  • Units: 148
  • Price per Unit: $472,973

Leading the deal were the experienced brokers from CBRE, namely Biria St. John, Brian Bowler, John Kelly, John McLaughlin, and Simon Butler. Their combined expertise ensured a successful negotiation and sale of Pelham Hall Apartments on behalf of the buyer, Aker.

The sale of this 148-unit luxury residential community in Coolidge Corner marks a significant transaction in the real estate market. With CBRE's involvement and the expertise of the dedicated brokerage team, this deal showcases the continued growth and demand for upscale multifamily properties in Brookline, Massachusetts.

Players

Simon Butler
33 deals$2.5B volume
BROKER

Biria St. John
CBRE
32 deals$2.5B volume
BROKER

John McLaughlin
CBRE
27 deals$2.3B volume
BROKER

Brian Bowler
CBRE
11 deals$1.1B volume(617) 912-6998
BROKER

John Kelly
CBRE
1 deal$70M volume(617) 912-7082
BROKER

Details

SOLD
IMAGE: Simon Butler, John McLaughlin, John Kelly, Biria St. John & Brian Bowler DATE: 01/04/2024 ADDRESS: 1284 Beacon Street MARKET: Brookline, MA ASSET TYPE: Multifamily BUYER: Aker BROKERS: Biria St. John, Brian Bowler, John Kelly, John McLaughlin & Simon Butler - CBRE (@CBRE) SALE PRICE: $70,000,000 UNITS: 148 ~ PPU: $472,973 NOTE: CBRE has completed the $70 million sale of Pelham Hall Apartments, a 148-unit luxury mid-rise residential community in Coolidge Corner, Brookline, Massachusetts.

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