GROTON MF SELLS FOR $17M

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GROTON, CONN. — Mill Management has acquired Groton Townhouse Apartments and Phoenix Apartments in Groton for $17.62 million from an undisclosed seller. Groton Townhouse Apartments consists of 141 one, two- and three-bedroom residences situated within a 29-building townhouse community, and Phoenix Apartments contains 96 one-bedroom units set within three buildings. Cushman & Wakefield Sonnenblick Goldman arranged the transaction on behalf of the seller.

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