Westborough apartments sell for $100M to Boston firm
Photo | Google Earth
Ellington Metro West in Westborough
Ellington Metro West, a luxury apartment complex in Westborough, sold for $100 million in a deal closing Nov. 22, according to the Worcester South District Registry of Deeds.
The property at 1 Homestead Blvd. along the Westborough-Southborough border was bought by Boston-based Berkshire Residential Investments. Berkshire has more than $13 billion in real estate assets under management, with properties in California, Connecticut, Colorado, Florida, and Georgia.
Ellington is Berkshire's fifth Massachusetts property. Its other ones are in Boston and Quincy.
The 280-unit apartment complex was sold by Westborough Gardens, LLC, which is registered to the address of Harbor Group Management Co., a property management firm in Virginia.
The 60-acre apartment complex is located off the Massachusetts Turnpike, according to real estate database CoStar. The property is assessed by The Town Westborough at almost $54 million and last sold in 2015 for $63.5 million.
WBJ Web Partners
Most Recent
Most Recent
0 Comments