NEREJ - Hamden, CT. According to HK Group, Matthew Keefe, President, and Ricardo Cordido, CCIM, Vice President, were the sole brokers in the sale of Town Walk at Hamden Hills for a sale price of $136.5 million. Jones Street Investment Partners, a Boston-based multifamily investment sponsor and operator, acquired the property from an affiliate of Baker Properties, a White Plains, NY real estate developer and operator.
Town Walk at Hamden Hills is an apartment community comprised of 764 garden-style apartment homes on a 44.9 acre site located at 100 Town Walk Dr. Originally built by AvalonBay Communities in the early 1990s, it offers a variety of floor plans, onsite amenities and a suburban setting located six miles from New Haven’s CBD and Yale University.
The location is appealing to renters looking for convenient access to shopping, schools, services and employment. Town Walk at Hamden Hills is the premier residential asset in the submarket.