The Aberdeen Update 06/08/16

Westbrook Partners acquires approved project site at 1650 Commonwealth Avenue for $5.3 million


Last Wednesday, June 1st, 2016, 16509 CWMA Owner LLC, a limited liability company affiliated with New York City-headquartered real estate investor Westbrook Partners, acquired the approved project site at 1650 Commonwealth Avenue in Brighton for $5.3 million as recorded in the Suffolk County Registry of Deeds. The Aberdeen, a mixed-use development project containing 40 residential condominium units and 2,400 square feet of retail, is approved for construction on the 19,847 square foot project site. The Boston Redevelopment Authority approved The Aberdeen for construction in August 2015.

The 1650 Commonwealth Avenue site was last sold on July 14th, 2015 for $2.9 million to Sixteen Fifty Commonwealth LLC, a development partnership between Boston-area developers Diamond Siancori and MG2 Group. The site was formerly used as a gasoline station.

The following is the deed for last Wednesday's sale of 1650 Commonwealth Avenue to Westbrook Partners:

   

More information about The Aberdeen, the approved development project at 1650 Commonwealth Avenue, is posted below.

View The Aberdeen >>

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