Hammond-based Stoa Group closed on more than six acres on Picardy Avenue last week for its planned Heights at Picardy apartment community. The group bought the land for nearly $6.2 million, or $22.15 per square foot, according to local brokerage firm Elifin Realty, which tracks commercial transactions in its Pulse e-newsletter. Prescott Bailey, Stoa’s director
Hammond group buys land in Health District for apartment community
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