Report: Morristown apartment complex sold for $52 million

AMLI on the Plaza, the 149-unit apartment complex at Washington Street and Cattano Avenue, has been sold for $52 million, according to NJBIZ.

Chicago-based AMLI Residential Properties LP sold two buildings and 7,500 square feet of retail space to an affiliate of Greystar Real Estate Partners LLC, in a deal brokered by CBRE, the magazine said.

The 120-year-old complex consists of a nine-story building and a six-story structure.

AMLI on the Plaza. Photo: Google Maps.

AMLI on the Plaza. Photo: Google Maps.

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