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Marcus Partners Buys Apartment Portfolio in Boston

Purchase Marks Local Firm's First Multifamily Investment in Boston's Urban Core
The 64-unit apartment building at 1943 Dorchester Ave. in Boston's Dorchester neighborhood was built in 2019. (CoStar)
The 64-unit apartment building at 1943 Dorchester Ave. in Boston's Dorchester neighborhood was built in 2019. (CoStar)
By Raven Williams
CoStar Research
February 4, 2020 | 5:12 P.M.

Local full service investment firm Marcus Partners has purchased 1943 Dorchester Ave. and 4236 Washington St. in Boston from East Providence, Rhode Island-based Peregrine Group for $35.8 million, or about $335,000 per unit.

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