CORNERSTONE ACQUIRES 141-UNIT APARTMENT COMMUNITY IN MASS.

QUINCY, MASS. — Cornerstone Real Estate Advisers has purchased The Reserve at Marina Bay, a six-story, 141-unit apartment community located in Quincy. Constructed in 2001 and expanded in 2006, The Reserve at Marina Bay is situated along the Quincy waterfront as a part of the 400-acre Marina Bay master-planned community. It contains studio through two-bedroom units with an average unit size of 919 square feet. Amenities include a fitness center, a business center, a community room, 72 garage parking spaces and 156 surface parking spaces. The Cushman & Wakefield team of Simon Butler, Biria St. John and Michael Byrne represented the seller, 7 Seaport LLC, and procured Cornerstone.