Spires of Sherwood apartment complex sells for $9.7M

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The Spires of Sherwood apartments were bought by a New Jersey-based investment group for $9.7 million on Wednesday. The group, represented by Joseph Lowenthal, plans to complete renovations and significantly upgrade the property, Lowenthal says. The apartments on Old Hammond Highway were sold by New York-based property management company CLK Properties. The 4.2-acre complex contains

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