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JRK Property Holdings Picks Up Residences at Tewskbury Commons

The DSF Group Sells 245-Unit Community
October 9, 2017
JRK Property Holdings, a Los Angeles-based real estate investment firm, has purchased the Residences at Tewksbury Commons in Tewksbury, MA from The DSF Group. Terms of the deal were not disclosed.

The 245-unit apartment complex consists of one five-story mid-rise apartment building completed in 1990 and six three-story buildings completed in 2000. The unit mix consists of 36 one-, 203 two- and six-three bedroom apartments with floor plans averaging 1,020 square feet.

Residences at Tewksbury Commons was constructed in 2000 on a 41.32-acre site just south of I-495 at 7 Archstone Ave. The community includes a clubhouse, fitness center, playground, pool, and tennis courts, according to CoStar information.

Simon Butler, Biria St. John and John McLaughlin of CBRE/New England's capital markets team brokered the sale on behalf of The DSF Group, which had owned the community since August 2013.

Please refer to CoStar COMP #4024165 for more information on this transaction.
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