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A national real estate operating company purchased Brookview Village, a 28-acre development site in Marlborough, on May 1 for $5.85 million, according to deed records.
FF Realty II, an affiliate of Fairfield Residential, plans to build 225 luxury apartments on the site according to CBRE/New England, which represented the seller, Marlborough/Northborough Realty Trust. The site is located across from the Marlborough Technology Park.
The property will consist of 117 one-bedroom units, 96 two-bedroom units and 12 three-bedroom units spread among several buildings, CBRE/New England said. There will also be on-site surface parking and amenities such as a clubhouse and pool.
Construction is slated to start later this year.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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