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JLL Brokers Sale of Nursing Home Near Boston for Conversion to Multifamily

WEYMOUTH, Mass. — JLL Capital Markets has arranged the sale of the former Colonial Nursing Center in Weymouth, a South Shore suburb of Boston.

The buyer plans to convert the property to a workforce housing asset. The seller and price were not disclosed.

Located on 2.11 acres and totaling 72,999 square feet, the current layout includes 93 units with various amenities, including a commercial kitchen, dining room, activity areas, outdoor courtyard, common gathering areas and outdoor walking trails. The transit-orientated property is also in close proximity to various public transportation lines, Route I-93 and Route 3, providing direct access to downtown Boston and Cape Cod.

Jason Skalko and Zach Rigby led the JLL Capital Markets team representing the seller.

The post JLL Brokers Sale of Nursing Home Near Boston for Conversion to Multifamily appeared first on Seniors Housing Business.

Source: Senior Housing Business

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