WAYLAND, MA–R.W. Holmes, one of the largest commercial brokerage firms serving tenants and landlords in Massachusetts for more than 45 years, announced that it recently negotiated the sale of Albemarle Gardens, a 112-unit multifamily community in Newton, MA, for $29,550,000.
Garry Holmes, President of R.W. Holmes, represented the seller, Albemarle Realty Corp, in the transaction and procured the buyer, Albemarle Partners, LLC, which is an entity controlled by Rhino Capital Advisors.
Conveniently located minutes away from the Mass Pike, Route 128, and public transportation, Albemarle Gardens offers one and two-bedroom apartments.
According to Mr. Holmes, there was a lot of cooperation between the buyer and seller to get this transaction completed, and it was a pleasure working with Michael Olson and his team at Rhino Capital.
