Eagle Rock Properties, a real estate company based in Plainview, New York, has recently purchased the West Springfield Terrace apartment community in Springfield for $70.5 million. The 244-unit complex was built in the 1970s and is located at 8525 Burling Wood Drive.
According to reports from the Washington Business Journal , Eagle Rock Properties specializes in rental apartments throughout the Northeast and Mid-Atlantic regions. The property was previously owned by an affiliate of Harbor Group International LLC, a Norfolk-based firm.
Situated on a spacious 13.2-acre lot next to Federal Realty Investment Trust’s Old Keene Mill Shopping Center and McCaffery Interests Inc.’s West Springfield Centers, this acquisition adds another valuable asset to Eagle Rock Properties’ portfolio.
