CPF Taylor Pond LLC has purchased the 188-unit apartment complex at 59 Middlesex Turnpike in Bedford from Northwestern Mutual and Criterion Development Partners.
Built in 2008, Village at Taylor Pond consists of six three-story apartment buildings with elevator service in two buildings and five detached garage buildings with 35 spaces.
The complex offers 101 one-bedroom apartments, 10 one-bedroom loft apartments and 77 two-bedroom apartments. The new owner plans to convert some of the commercial space onsite into 12 loft-style apartments.
CBRE/New England’s capital markets team of Simon Butler and Biria St. John exclusively
represented the seller and procured the buyer.