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Invesco Trades Chicago Area Multifamily for $86.7M

CBRE Handles Exchange of 576-Unit Asset
By Alexander Fairlie
May 2, 2012 | 5:10 AM

Invesco sold the TGM Park Meadows Apartments, formerly known as the Lincoln Meadows Apartments, to TGM Associates LP for $86.7 million or $150,521 per unit. The 576-unit apartment complex is at 10 N. Lincoln Meadows Drive in Schaumburg, IL.

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