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BOSTON — An affiliate of The Mount Vernon Company has purchased a multifamily development site in Boston's Allston neighborhood from an affiliate of Leggat McCall Properties for $4.65 million. The site is approved for the construction of Griggs Street Lofts, a five-story, 100-unit apartment building. Simon Butler, Biria St. John, Chris Sower and Michael Byrne, all of Cushman & Wakefield, represented the seller and procured the buyer. The construction timetable was not released.