Affiliate Of Stockbridge Ventures Acquires Multifamily Property In Springfield, MA For $42.6M

A multifamily property located at 35 Willow Street in Springfield, MA has been sold for a total transaction value of $42,600,000. The property consists of 233 units, resulting in a price per unit (PPU) of $182,833. The sale took place on November 7, 2022.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $42,600,000
• Address: 35 Willow Street
• Market: Springfield, MA
• Units: 233
• Price Per Unit (PPU): $182,833

The buyer in this transaction was an affiliate of Stockbridge Ventures, while the seller was an affiliate of The Dolben Company. The deal was facilitated by Simon Butler, Biria St. John, and John McLaughlin of CBRE.