Abbott-Landing
Abbott-Landing

Location

Andover, MA

Asset Size

96 units

Date Acquired

May 2015

Deal Notes

Jones Street acquired Abbott Landing (formerly, Casco Crossing) from the original developer in a private transaction. Previously known for poor management, fractured tenant relations, and physical disrepair, Jones Street invested substantially in property improvements and improved property management while completely rebranding the Property. Jones Street’s efforts resulted in earnings growth of over 33% and the Property is now being marketed for sale.