“Cambridge, MA– Urban Spaces, a Cambridge-based commercial real estate development company, recently completed construction of Flats on First, a mixed-use multi-family complex comprised of 136 residential units, 15,800 square feet of ground floor retail, and a two-level 142-space underground parking garage.
Upon completion, the property was sold for $103 million to an affiliate of Barings, LLC, an international investment management firm owned by Massachusetts Mutual Life Insurance Company (MassMutual).”.
