The Claremont Companies Acquires Multifamily Property In Westwood, MA For $35.25M

Located in Westwood, MA, the multifamily property at 4100 Highland Glen Rd has been sold in a recent transaction. The sale took place on June 23, 2022, and the property was purchased by The Claremont Companies, a real estate firm based in Bridgewater, MA. The seller of the property was National Development, represented by Andrew Gallinaro. The sale was facilitated by the brokers Simon Butler, Biria St. John, John McLaughlin, Aron Will, and John Sweeney of CBRE Capital Markets. The transaction closed at a price of $35,250,000 for the property, which comprises 102 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $35,250,000
• Address: 4100 Highland Glen Rd
• Market: Westwood, MA
• Buyer: The Claremont Companies of Bridgewater, MA
• Seller: National Development - Andrew Gallinaro
• Brokers: Simon Butler, Biria St. John, John McLaughlin, Aron Will, and John Sweeney - CBRE Capital Markets
• Units: 102
• Price Per Unit (PPU): $345,588

This successful transaction highlights the continued growth and activity in the Westwood, MA market. The collaboration between The Claremont Companies, National Development, and CBRE Capital Markets has resulted in a significant sale for the multifamily property at 4100 Highland Glen Rd.