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

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.