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The Hamilton Company Acquires Windsor Green Complex in Andover for $62.5 Million

 

Allston,  MA (July 16, 2013)-  The Hamilton Company and New England Realty Associates today announced the acquisition of a 193-unit complex, formally known as Windsor Green in Andover, for $62.5 million. This is Hamilton's first property in Andover.

 

Travis D’Amato and Michael Coyne of Jones Lang Lasalle represented the seller; affiliate of the General Investment & Development Companies (GID) . Matt Purtell of Key Bank provided the acquisition financing and Sally Michael of Saul Ewing represented Hamilton and New England Realty Associates.

 

“With this purchase, and several others slated for August, we will have acquired nearly $130m of real estate for 2013.” stated Carl Valeri, President & COO of The Hamilton Company.  The complex was built in 2006 as part of a 40b development and has been professionally owned and managed  by GID since its completion.

 

Windsor Green offers all the amenities of luxury living with one, two and three bedroom units with rents starting at $1600. Units feature 9 foot ceilings, gourmet kitchens and spacious floor plans. The property has its own pool and hot tub, sport court and playground, with a health club and public golf course just steps away. Located at 311 Lowell Street, the complex is convenient to Boston with easy access to Interstate 93 and the MBTA's Framingham commuter line.

 

The Hamilton Company is a full service real estate management and development company located in Allston, MA.  Privately owned and led by Founder and Chairman Harold Brown, Hamilton will be celebrating its 60th year in business in 2014.  It owns and manages in excess of 5,100 units and nearly 2 million square feet of commercial property in and throughout greater Boston.






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