PRINCETON, NJ – Commercial real estate investment and management firm, Shamah Properties has acquired Copperwood Apartments in Princeton, NJ for $70.4 million.

The class A, luxury residential community encompasses five-buildings and spans 217,259 square feet. The property features 153 units, comprising 22 one-bedroom units, 130 two-bedroom units and one studio apartment.

Built in 2015, the complex features an underground parking garage, 30-acres of preserved woodland, outdoor exercise paths, a fitness center, barbeque areas and state-of-the-art in-unit finishes. The five properties are connected by landscaped walkways and seating areas.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.