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Rise475 Update 06/29/21

Reading Luxury Development Trades Hands for $14.7 Million

BM Ventures has sold the Rise475 development in Reading to a North Shore developer for $14,750,000.

Built in 2020, the new 4-story, 42,791 SF building features 31 apartments complete with modern high-end finishes. The building offers residents garage parking, a roof deck, and a clubhouse on site.

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