ARCHSTONE BUYS APARTMENT COMMUNITY FOR $94.2M

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DEDHAM, MASS. — Archstone has purchased Station 250, a 285-unit apartment community in Dedham, for $94.2 million. The luxury apartment community will be renamed Archstone Legacy Place. The property is located across the street from Legacy Place lifestyle center and adjacent to the Dedham Corporate Center MBTA station with service downtown. CBRE Group – N.E. Partners represented the seller, Fairfield Dedham, in the transaction.

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