R.W. Holmes negotiates the sale of 112-unit Albemarle Gardens in Wayland, MA for $29.55 million

January 06, 2023 - Front Section
Garry Holmes

Wayland, MA R.W. Holmes, a commercial brokerage firm serving tenants and landlords in Massachusetts for over 45 years, has negotiated the sale of Albemarle Gardens, a 112-unit multifamily community for $29.55 million. 

Garry Holmes, president of R.W. Holmes, represented the seller, Albemarle Realty Corp., in the transaction and procured the buyer, Albemarle Partners, LLC, which is an entity controlled by Rhino Capital Advisors. 

Located near the Mass Pike, Rte. 128, and public transportation, Albemarle Gardens offers one and two-bedroom apartments. 

According to Holmes, there was a lot of cooperation between the buyer and seller to get this transaction completed, and it was a pleasure working with Michael Olson and his team at Rhino Capital.

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