Green Touch Builders | Boston buyer acquires high-end Franklin apartments
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April 13, 2015 By SEO Admin

Boston buyer acquires high-end Franklin apartments

A Boston investment firm has spent $37.25 million to bolster its Middle Tennessee portfolio.

According to public records, Eaton Vance Corp. (NYSE: EV) acquired the Grove at Shadow Green high-end apartment complex. It’s located a couple of miles south of downtown Franklin.

The complex contains 196 apartments at 2000 Toll House Circle. That means Eaton Vance paid an average of $190,000 per apartment. The price tag underscores the interest that well-heeled institutional capital increasingly shows…