WINDSOR ON THE RIVER SELLS FOR $33M IN IOWA

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CEDAR RAPIDS, IOWA —CBRE/Hubbell Commercial has arranged the $33 million sale of Windsor on the River, a 424-unit apartment community located at 2415 Oxford Lane in Cedar Rapids. Windsor on the River was built in 1982 and remodeled in 2008. It includes one-, two- and three-bedroom apartments. Linda Gibbs and Timothy Sharpe of the Des Moines office of CBRE/Hubbell Commercial represented the seller in the transaction. They also procured the undisclosed buyer.

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