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 Issue of January 2, 2006 
   

REIT Purchases Apartment Complex in Shrewsbury for $21.3M

Fairfield Residential LLC of San Diego has paid $21.3 million for the Ashford Crossing apartment complex in Shrewsbury.
By Joe Clements
Capping off an active year for multi-family sales, a leading real estate investment trust has purchased Ashford Crossing, a 180-unit apartment complex located just off Route 9 in Shrewsbury. Fairfield Residential LLC of San Diego paid $21.3 million for the property to BlackRock Realty.

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