Hanover North Cambridge, a luxurious apartment complex with 294 units, has been sold for $182 million in Cambridge, Massachusetts. The property was acquired by a fund advised by Goldman Sachs Asset Management from The Hanover Company and its institutional partner. Boasting amenities such as over 26,000 square feet of indoor and outdoor space and a full-service restaurant with Caribbean-inspired cuisine, Hanover North Cambridge offers residents an ideal work-life balance. Additionally, the property is LEED Gold Certified.
The transaction team at CBRE Capital Markets – consisting of Simon Butler,Biria St.John , John McLaughlin,and Brian Bowler- played an integral role in marketing the property and exclusively represented the seller during negotiations.
This sale marks another successful deal for Connect CRE’s experienced team in the thriving real estate market of Massachusetts’ bustling city of Cambridge.
