Easton, Massachusetts, October 20, 2025
News Summary
CBRE has successfully brokered the sale of Zen Easton, a 99-unit age-restricted apartment community located just south of Boston. Built in 2003, the property is part of the master-planned Queset Commons development. The transaction, representing significant investor interest in amenity-rich, age-restricted housing, was finalized with an unnamed institutional buyer. The community features a range of amenities, including a fitness center, social lounge, and outdoor spaces, providing a desirable living environment for its residents.
Easton, Massachusetts — CBRE announced the sale of Zen Easton, a 99-unit age-restricted apartment community. The transaction, completed on behalf of the seller, closed with an institutional investor as buyer; the buyer has not been publicly named. The sale was brokered by CBRE’s multifamily experts: Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler, and CBRE represented the seller, an affiliate of San Francisco-based FPA Multifamily, LLC.
Key details of the property and transaction
Zen Easton was built in 2003 and is part of Queset Commons, a 30-acre master-planned mixed-use development. The community consists of a single, three-story elevatored building containing a mix of studio, one-bedroom, and two-bedroom layouts. The apartment units include a mix of studio, one-bedroom, and two-bedroom layouts, with the average size of the apartments is 798 square feet.
Location and access
Zen Easton is located just south of Boston, positioned within a suburban setting that offers regional access while maintaining neighborhood character. The property has direct access to Route 24, and Zen Easton provides residents with strong regional connectivity while maintaining a suburban atmosphere. Queset Commons combines residential, retail, and dining amenities, offering on-site conveniences for residents and visitors.
Community amenities
Community amenities at Zen Easton include: a resident social lounge; a dining hall with a catering kitchen; a cyber lounge; a fitness center; a library; two theater rooms; generous storage options; expansive outdoor space. These amenities support social, recreational, and practical needs for residents of the age-restricted community.
Market context and significance
The successful sale adds to activity in the regional multifamily market and reflects continuing appetite among investors for specialized housing product. The successful sale highlights ongoing investor interest in high-quality age-restricted communities within the Greater Boston area. The deal provides an example of investor demand for professionally managed, amenity-rich, age-restricted communities in suburban locations with strong transportation links.
What the transaction means for stakeholders
For the seller, represented by CBRE, the closing marks the disposition of an asset held within a master-planned community. For the buyer, described as an institutional investor, the acquisition represents an investment in an established, amenity-rich age-restricted property located within Greater Boston’s suburban corridor. For area residents and the development, the sale ensures continued professional ownership and operation under new institutional stewardship.
Property summary
- Property name: Zen Easton
- Units: 99-unit age-restricted apartment community
- Year built: 2003
- Building: a single, three-story elevatored building
- Average unit size: 798 square feet
- Development: Part of Queset Commons, a 30-acre master-planned mixed-use development
- Access: Direct access to Route 24; located just south of Boston
- Seller: an affiliate of San Francisco-based FPA Multifamily, LLC (represented by CBRE)
- Buyer: The buyer of Zen Easton has not been publicly named and is described as an institutional investor
FAQ
What was sold?
CBRE announced the sale of Zen Easton, a 99-unit age-restricted apartment community.
Who brokered the sale?
The sale deal was brokered by CBRE’s multifamily experts: Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler.
Who represented the seller?
CBRE represented the seller, an affiliate of San Francisco-based FPA Multifamily, LLC.
Who bought Zen Easton?
The buyer of Zen Easton has not been publicly named and is described as an institutional investor.
When was Zen Easton built?
Zen Easton was built in 2003.
What larger development is the property part of?
The property is part of Queset Commons, a 30-acre master-planned mixed-use development.
What is the building type and unit mix?
Zen Easton consists of a single, three-story elevatored building. The apartment units include a mix of studio, one-bedroom, and two-bedroom layouts.
What is the average apartment size?
The average size of the apartments is 798 square feet.
Where is Zen Easton located?
Zen Easton is located just south of Boston. The property has direct access to Route 24. Zen Easton provides residents with strong regional connectivity while maintaining a suburban atmosphere.
What amenities are available at Zen Easton?
Community amenities at Zen Easton include: a resident social lounge; a dining hall with a catering kitchen; a cyber lounge; a fitness center; a library; two theater rooms; generous storage options; expansive outdoor space.
Why is the sale significant?
The successful sale highlights ongoing investor interest in high-quality age-restricted communities within the Greater Boston area.
Quick Reference Table
| Item | Detail |
|---|---|
| Property | Zen Easton |
| Units | 99-unit age-restricted apartment community |
| Year built | 2003 |
| Building type | a single, three-story elevatored building |
| Average unit size | 798 square feet |
| Development | Queset Commons, a 30-acre master-planned mixed-use development |
| Access | Direct access to Route 24; located just south of Boston |
| Seller | an affiliate of San Francisco-based FPA Multifamily, LLC (represented by CBRE) |
| Buyer | The buyer of Zen Easton has not been publicly named and is described as an institutional investor |
| Amenities | a resident social lounge; a dining hall with a catering kitchen; a cyber lounge; a fitness center; a library; two theater rooms; generous storage options; expansive outdoor space |
Deeper Dive: News & Info About This Topic
HERE Resources
Waltham Multifamily Property Sells for $3.38 Million
FPA Multifamily Sells Zen Easton for $33 Million
Additional Resources
- Boston Real Estate Times: CBRE Facilitates Sale of Zen Easton
- Wikipedia: Easton, Massachusetts
- Boston Real Estate Times: Why Marketing Still Starts and Ends with the Customer
- Google Search: Age-Restricted Housing Communities Boston
- Encyclopedia Britannica: Apartment
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