Peabody Props. to manage 234-unit The Woodlands

September 02, 2016 - Owners Developers & Managers

Middleborough, MA Peabody Properties, Inc. has been selected as the marketing, leasing and management agent for The Woodlands, a 234-unit apartment community under construction.

The Woodlands will be developed by Cranberry Management, LLC and built by Terratec Construction, Inc. The first phase of construction is scheduled for completion in the spring of 2017, with completion of the final phase anticipated that summer. Peabody Props. will oversee leasing of all units, marketing, and management

The one, two and three bedroom open concept apartment homes will include high end finishes, such as hardwood floors, as well as gourmet kitchens and in-unit washer and dryers. Fifty-nine of the apartment homes will be designated as affordable.

Located on more than 34 acres near Rte.28, The Woodlands will feature a more than 4,000 s/f club house that includes a kitchen, a lounge area, a children’s play space, HDTV and golf simulation screen. Other amenities include a theatre room, 24-hour fitness center, multipurpose sport court, playground, outdoor grilling areas, walking trail, pool and patio, bicycle storage and a pet park. Landscaping around the property will incorporate the area’s natural habitats including cranberry bogs and forests. 

According to the firm’s principal and CEO, Karen Fish-Will, Peabody Properties is eager to partner with Cranberry Management on The Woodlands development. “The Woodlands will provide a wide variety of features and amenities, all in a beautiful setting, just minutes away from public transportation, public schools, main roads and community resources, services and facilities,” said Fish-Will. “We welcome the chance to offer quality housing options to the Middleborough community and look forward to our continued collaboration with Cranberry Management on this important project.”

According to Ignacio Siso, principal of Cranberry Management, LLC, The Woodlands will be a unique rental community with condo-quality finishes for residents to enjoy. “Our partnership with Peabody Properties will allow us to provide a vibrant, new community in the town of Middleborough that will set a new standard of living in the real estate marketplace,” said Siso.

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