LAWRENCE, MA-The Dolben Cos., a real estate company based in Woburn, has paid $17 million for the 222-unit Hampton on Beacon in Lawrence. The apartment building, constructed in the 1970s, has undergone renovation, including the construction of two structures in 2003 and the development of a business/conference suite and a clubhouse with a swimming pool in 2005.
Hampton on Beacon Limited Partnership was the seller. ARA New England represented the seller and procured the buyer. For the full story, go to Boston Business Journal .
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