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Avalon Pavilions sold for $81.5M.


Jeff Dunne Jeffrey "Jeff" Dunne born 14 May 1956 is a former Australian rules footballer. Played for St Kilda as a hard running back pocket, he was a solid defender and represented Victoria. Now a business man based in Tasmania with his wife and 4 children (3 sons, 1 daughter). , team leader of CB Richard Ellis' Tri-State Investment Team, along with Chris McManus, also of the Tri-State Investment Team, and Bill Roohan of CB Richard Ellis' Baltimore office, exclusively represented the seller in the recent sale of Avalon Pavilions in Manchester, Connecticut Manchester is a town in Hartford County, Connecticut, United States. As of the 2000 census, the town had a total population of 54,743.[2] History
Manchester was settled by colonists around 1672 as a farming community.
. The property was sold for $81,500,000 to Northland north·land also North·land  
n.
A region in the north of a country or an area.



northland
 Investment Corporation based in Newton, Massachusetts The City of Newton in Middlesex County, Massachusetts, is an important residential suburb of Boston, which abuts it on the east. According to the 2000 census, the population of the Newton was 83,829, making it the tenth largest city in the state. .

Avalon Pavilions is a community of 932 luxury rental garden apartments on approximately 47 acres adjacent to the 963,000 square-foot Buckland Hills Mall.

The immediate area has over 1.5 million square feet of additional retail developments primarily located in four power and community centers, as well as several large freestanding stores. This is the largest concentration of shopping, restaurants and theaters in the state of Connecticut.

The confluence of highways supporting this retail base provides excellent access to major destinations throughout the region. As a result, this residential location provides a unique blend of suburban living with many of the features usually found in cosmopolitan urban settings.

"Northland has purchased a unique residential investment property that cannot be reproduced anywhere in the region.

Avalon Pavilions offers high quality apartments with an extensive amenity package on an extraordinary site in a very tight rental market." stated Dunne.

The seven-person Tri-State Investment Team, which in addition to Jeff Dunne and Chris McManus includes partner Jim Tully Jim Tully (June 3, 1886 - June 22, 1947), was an American writer. His critical and commercial success in the 1920s and 30s may qualify him as the greatest long shot in American literature.

Born near St.
, specializes in the marketing of investment properties on behalf of owners in the suburban New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 area and in secondary cities along the East Coast.

In 2000, the team sold 6.3 million square feet for an aggregate value of over $485 million.
COPYRIGHT 2001 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:real estate acquisition information
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Aug 22, 2001
Words:269
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