Press Releases

NORTHLAND INVESTMENT CORPORATION ACQUIRES FOUR MULTIFAMILY PROPERTIES

12.27.2007, Newton, MA - Northland Investment Corporation is pleased to announce the recent acquisition of four multifamily properties, aggregating nearly 600 units. Each property is in a prime location, complementing Northland’s existing holdings in each market.

The properties include:
Channing’s Mark. Austin, Texas -108 units
Rosecrest. Memphis, Tennessee - 122 units
Windemere. Raleigh, North Carolina - 168 units
The Highlands at Faxon Woods. Quincy, Massachusetts - 196 units

About Northland Investment Corporation
Founded in 1970, Northland Investment Corporation is a privately held, fully integrated real estate company focused on the acquisition, development, operation and long-term ownership of commercial real estate throughout the United States. Northland owns a $1.5 billion diversified portfolio of 14.5 million square feet, with major concentrations in New England and along the southern tier of the United States. The company is positioned for future growth with a $1.5 billion development pipeline. For more information on Northland Investment Corporation, visit www.northland.com.

For more information, contact:
Sara Scarborough Graham
617.630.7259
sgraham@northland.com

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