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Business News

Alabama company buys two Brandon apartment complexes

Published:   |   Updated: December 9, 2013 at 07:45 PM

A Montgomery, Ala., company has purchased two Brandon apartment complexes for nearly $53 million combined.

An affiliate of B&M Management has purchased the 288-unit Courtney Trace complex and the 167-unit The Addison complex from previous owner ContraVest, according to a news release from the Cushman & Wakefield real estate firm, which handled the deal.

Both properties are near Interstate 75 and Causeway Boulevard.