**Zen Easton, 55-Plus Apartment Community in Massachusetts, Sold for Reported $33 Million**
A CBRE team led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler has successfully closed the sale of Zen Easton, a 99-unit age-restricted apartment community located in Easton, Massachusetts. While the official sale price was not disclosed by CBRE, published reports indicate the transaction was valued at approximately $33 million.
CBRE represented the seller, an affiliate of San Francisco-based FPA Multifamily, LLC, and also procured the buyer — an unnamed institutional investor.
Originally built in 2003, Zen Easton is comprised of a single, three-story building equipped with an elevator. It is part of Queset Commons, a 30-acre mixed-use development that also features restaurants such as Giana Restaurant & Bar and Stoneforge Grill.
The property features a mix of studio, one-bedroom, and two-bedroom units — both in classic and renovated conditions — with an average unit size of 798 square feet. Key amenities include a resident social lounge, dining hall with catering kitchen, cyber lounge, fitness center, library, two theater rooms, large storage lockers, and expansive outdoor spaces.
