TA Realty Acquires Property From Mill Creek Residential Trust Represented By Casey Griffin Of NKF Capital Markets

Modera Marshfield is a 248-unit apartment community located at Chestnut St, Marshfield, MA, 02050, in the Marshfield market. The property features a mix of one-, two-, and three-bedroom apartment units, including 35 unique townhomes. The asset is currently 90% leased and was delivered in 2021. Residents benefit from amenities such as a resort-style pool, multiple outdoor dining and lounge areas, a club-quality fitness center, and convenient work-from-home spaces.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Address: Chestnut St, Marshfield, MA, 02050
• Seller: Mill Creek Residential Trust
• Buyer: TA Realty
• Seller's Representative: Casey Griffin - NKF Capital Markets

This transaction involved key individuals and companies from both the buyer and seller's side. Newmark’s team consisting of Robert Griffin, Michael Byrne, Thomas Greeley, Devlin Man, and Casey Griffin facilitated the sale, representing Mill Creek Residential Trust and CrossHarbor Capital Partners while procuring the buyer, TA Realty. These entities played significant roles in the closed transaction.