Avalon Northpoint Update 06/26/21

Cambridge Multi-Family Property Trades for $325M

A global investment firm has acquired Avalon Northpoint & Avalon Northpoint Lofts from AvalonBay Communities for a total of $325M. The sister communities are located adjacent to the new Cambridge Crossing development and offer a host of resident amenities include an indoor pool, a private theater, and a sports club. The 22 story North Point Tower features 426 units while the loft building offers 103 residences.

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