Vinings at Town Center Sells for $42M

Archstone acquired the Vinings at Town Center at 5881 Town Bay Drive in Boca Raton, FL for $ 42 million, or about $ 167,000 per unit, from AEW Capital Management LP. The property is a 252-unit apartment community that totals 280,200 square feet on 12.3 acres. The buildings were constr
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