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News: Front Section
Posted: October 29, 2021
The Broadway Co. purchases 54-unit Countryside Terrace
Attleboro, MA The Broadway Company, a Boston-based real estate investment platform, and investment partners have completed the purchase of Countryside Terrace, a 54-unit apartment campus. Countryside Terrace is located at 60 Phillips St., located close to I-95.
“We like the fundamentals in the Boston South sub-market, coupled with the garden-style multifamily product type,” said Tana Weissman, principal and chief operating officer of The Broadway Co. “We see opportunity for future growth in this segment and are excited about the acquisition.”
The property’s nine buildings have a compelling unit mix, and each unit has a parking space. The homes have access to shopping areas including Bristol Place in Attleboro, Baker’s Plaza in Seekonk, and Patriot Place.
The town is served by two MBTA Commuter Rail stations, both on the Boston-Stoughton-Providence line, with Providence about 15 minutes away. Recreational opportunities for tenants include New England Sports Village, Stone-E Lea Golf Club, the Phil and Ginny Leach Wildlife Sanctuary, and Capron Park Zoo. Gillette Stadium, Providence College, and Brown University are nearby.
Countryside Terrace was constructed from 1972 to 1976. The purchase was a private transaction, and details were not disclosed.
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