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The Green Cities Company Acquires Multifamily Property In Malden, MA For $95.5M

Property Image
SOLD
$95,500,000
Simon Butler
John McLaughlin
Biria St. John

Massachusetts

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MultiFamily263,061 SF
Sold 02/05/2021
the dealplayerscompscontact
Property Image
SOLD

The Green Cities Company Acquires Multifamily Property In Malden, MA For $95.5M

500 Broadway, Malden, MA, USA

See Similar Deals
MultiFamily263,061 SF
Sold 02/05/2021
Simon Butler
John McLaughlin
Biria St. John
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$363
Total Square Footage:263,061 SF
Transaction Type:Sale

A multifamily property located at 500 Broadway in Malden, MA has been sold for a price of $95,500,000. The property consists of 295 units, making the per unit price approximately $323,729. The transaction took place on February 5, 2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $95,500,000

The seller of the property was Taurus Investment Holdings, while the buyer was The Green Cities Company. The deal was facilitated by Simon Butler, Biria St. John, and John McLaughlin from CBRE.

Players

Simon Butler
CBRE
Simon Butler
33 deals$2.5B volume
BROKER
Biria St. John
CBRE
Biria St. John
32 deals$2.5B volume
BROKER
John McLaughlin
CBRE
John McLaughlin
27 deals$2.3B volume
BROKER
TC
The Green Cities Company
BUYER
Taurus Investment Holdings
Taurus Investment Holdings
SELLER

Details

SOLD
IMAGE: Simon Butler, John McLaughlin & Biria St. John DATE: 02/05/2021 ADDRESS: 500 Broadway MARKET: Malden, MA ASSET TYPE: Multifamily SELLER: Taurus Investment Holdings BUYER: The Green Cities Company BROKERS: Simon Butler, Biria St. John, & John McLaughlin - CBRE SALE PRICE: $95,500,000 UNITS: 295 ~ PPU: 323,729

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