Mayo Group expands residential portfolio

Acquires multibuilding apartment complex

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NAI Hunneman Commercial brokered the sale of a 128-unit apartment complex in West Warwick, R.I. The value of the transaction was $7.5 million. Known as Quaker Towers, the seven-building apartment complex is located at 337 Cowesett Road and is comprised of 36 studio apartments, 58 one-bedroom apartments and 34 two-bedroom apartments. The Mayo Group, a Boston-based, privately owned real estate company, purchased the property from an unidentified seller. Boston-based NAI Hunneman Commercial is a provider of commercial real estate services to corporations, institutions and the private market. ...