RALEIGH, NORTH CAROLINA:   Cushman & Wakefield | Thalhimer’s Capital Markets Group represented Historic Boylan Apartments, LLC in the sale of the Historic Boylan Apartments at 817 Hillsborough Street in Raleigh, North Carolina.  Located in booming Downtown Raleigh, the 55-unit boutique apartment community features three 3-story brick colonial revival-style buildings and is located in the flourishing Glenwood South neighborhood. Originally built in 1935, the property has undergone renovations in both 1970 and 2007. Community amenities include a landscaped courtyard, outdoor grilling station, on-site laundry, and bicycle racks.
   Blue Heron Asset Management, LLC purchased the property for $6,300,000 and plans to upgrade units with modern interior finishes. The sale was led by Allan Lynch and Justin Good of Cushman & Wakefield | Thalhimer’s Capital Markets Group in Raleigh.