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Greystar acquires the Strata Malden

by Elizabeth Kanzeg Rowland

Green Cities Company traded multifamily property Strata Malden to Greystar for $112,500,000. The 259-unit apartment building has now been rebranded as Avana Cliffside.

In 2021, the last time the property traded hands, it fetched $95,500,000.

Avana Cliffside features studio, one-, two-, and three-bedroom market-rate apartments starting just under $2,000 a month.

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