Capano Residential Properties acquired the 231-unit PARQ @ The Square apartments at 1303 Delaware Ave. in Wilmington, DE from Merion Realty Partners for $39.25 million, or about $170,000 per unit.
The 15-story, 214,411-square-foot multifamily building was built in 1962 and is in the Upper New Castle County submarket.
www.omegare.com
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