Grandeville at Greenwich sells for $59.75M

WEST GREENWICH – CB Richard Ellis New England this week announced the sale of Grandeville at Greenwich, a 300-unit, garden-style apartment complex for $59.75 million.
The seller was Grandeville at Greenwich LP, an affiliate of Lecesse Development Corp. The buyer was The Wolff Company, a Scottsdale, Ariz.-based private equity firm.
The apartment complex in West Greenwich is located in the Centre of New England development of I-95. It was built in 2006 and 2007 by Lecesse Development and features 300 apartments in 13 buildings of two- and three-story structures.

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