The Barclay
Update
10/01/17
Akelius acquires Back Bay apartment building for $33.5 million
Swedish real estate investor Akelius has acquired 12 Commonwealth Avenue, a 56-unit Back Bay apartment building, for $33.5 million in cash. The building is Akelius' 12th acquisition in Boston, and 32nd in the United States; the company owns approximately 46,000 apartments worldwide. Akelius' last Boston acquisition was the 17-story, 153-unit Carson Tower on Carson Beach in South Boston, acquired in December 2016 for $64.25 million. 12 Commonwealth Avenue's sellers are longtime owners the Gorin and Leeder families; the building features studio, one- and two-bedroom apartments and is located on Commonwealth Avenue Mall steps from the Boston Public Garden.
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