Bell Companions Acquires Two Adjoining Condominium Communities Totaling 420-Items in Excessive Development Hall of Higher Boston Market

Bell Partners Acquires Two Adjacent Apartment Communities Totaling 420-Units in High Growth Corridor of Greater Boston Market

BOSTON, MA – Bell Partners, a leading US home investment and management firm, announced that it has joined Hanover Westford Valley and Hanover Westford Hills, two neighboring residential communities in Westford, Massachusetts, on behalf of the company's Fund VII investors has acquired. The two properties will be merged into Bell Westford, the fifth parish owned by Bell Partners in the greater Boston area.

Bell Westford is located along busy Corridor I-495 and is home to a wide range of technology and healthcare employers including IBM, Abbott Laboratories and NetScout, as well as retail outlets in The Point Shopping Center and Cornerstone Square. For those working in Boston, the nearby Littleton / Route 495 suburban train station provides direct access to the North Station via the Fitchburg Line. The community is also close to popular family-friendly attractions such as the Nashoba Valley Ski Area, Butterfly Place, Main Street Windmill, and Kimball Farm.

"Bell Westford residents have easy access to Boston workplaces while enjoying the quality suburban lifestyle with access to some of the best public schools in Massachusetts," said Nickolay Bochilo, executive vice president of investments at Bell Partners. "Our investment in two neighboring properties and the combination of post-closing activities reflect a targeted approach to creating value for residents and investors through operational synergies, while benefiting from the demographic shift towards suburban living in a high-quality market like Boston."

Bell Westford is a mix of 408 apartments and 12 townhouses. Each apartment features stainless steel kitchen appliances, tile backsplashes, custom cabinetry, spacious quartz islands, pendant lights, full-size washers and dryers, and private balconies. Communal facilities include two resort-style pools, outdoor lounge areas with gas fire pits, an on-site hiking trail, dog park, pet spa, fitness center with peloton, clubhouse, private theater-style media room seating, conference room, and private workspaces. Bell Partners closely follows the guidelines of local, state, and federal health authorities regarding the operation and cleanliness of community facilities.

Source: Bell Partners


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