DEAL OF THE DAY: Boston Broker Arranges Sale of Two Apartment Buildings for $16.5 Million
- Feb 08, 2008
By Anuradha Kher, Online News EditorClinton, Mass.–NAI Hunneman, a Boston-based provider of commercial real estate services to corporations, institutions and the private market, arranged the sale of Town Lynne Village and Camelot Apartments in Clinton, Mass. for $16.5 million.Micozzi Management, a Boston-based apartment rental, commercial leasing, management and investment company, bought the properties from Clinton Management Corp. and Camelot Management Corp. “These well-maintained garden apartments were a perfect fit for Micozzi Management,” says Robert Tito, executive vice president/principal of NAI Hunneman. “Our client already owns more than 500 units in surrounding communities, making this a perfect opportunity for them to further solidify their role as a major player in the area.”Town Lynne Village is located at 290 Berlin St. and Camelot Apartments is located at 1021 Main St. The combined transaction totaled 193 units.