JLL Capital Markets Group Closes Sale of 460-Unit Town Hall Terrace Apartment Community Located in Grand Island, New York

MORRISTOWN, NJ – JLL Capital Markets announced today that it has closed the sale of Town Hall Terrace, a 460-unit multi-housing community located in Grand Island, New York.
JLL marketed the property on behalf of a private owner who was the original owner and developer of the property and procured the buyer.
Town Hall Terrace was built in stages from 1963 through 2008. The property consists of 384 one- and two-bedroom apartment flats, 46 three-bedroom townhomes and 30 two-bedroom senior...

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