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STOUGHTON, MASS. — CB Richard Ellis (CBRE) Investors has formed a joint venture with Wood Partners for the development of a new multifamily community in the Boston suburb of Stoughton. Alta at Indian Woods will be located at the intersection of Route 138 and Stagecoach Road. Construction will include three four-story buildings containing 154 garden-style units. Property amenities will include a clubhouse, a swimming pool with a sundeck, a fitness center and a clubroom. Site work for the project is already complete. CBRE Investors is developing the community on behalf of its CBRE Strategic Partners U.S. Opportunity 5 fund.