THE DOLBEN COMPANY, INC., WINS NEW MANAGEMENT CONTRACT

June 30, 2014, WOBURN, MA – The Dolben Company, Inc. (“Dolben”) is pleased to announce that the company has assumed the management of Metro at Wilmington Station, located in Wilmington, Massachusetts.  The property was recently acquired by Stockbridge Capital Group, based in San Francisco.

Constructed in 2013, Metro at Wilmington Station consists of 108 residential units. Located just steps from the Wilmington train station, Metro at Wilmington Station offers an ideal location for commuters. The community is smoke-free, and pet-friendly. The amenity package includes a resident lounge with WiFi, state-of-the-art fitness club, dog park, children’s play area, outdoor BBQ area, covered parking, private storage, and a resident portal to facilitate online payments and work orders. Spacious floor plans, full-size washers and dryers, granite countertops, oversized patios/ balconies, and abundant closets ensure convenience and comfort for residents. The average one bedroom apartment home at Metro at Wilmington Station is 898 square feet, and rents for approximately $1,725/month; the average two bedroom apartment home is 1,161 square feet, and rents for approximately $2,005/month. More information on the property can be found at www.metrowilmington.com.

Thomas D. Beaton, Senior Vice President, Management, noted, “Metro at Wilmington Station’s location is outstanding, and the property offers many desirable amenities. This assignment is our first opportunity to provide management services to Stockbridge Capital Group, and we are looking forward to exceeding their expectations.”

About The Dolben Company, Inc.
With offices in Massachusetts and Maryland and more than 12,500 residential units throughout the New England and Mid-Atlantic regions, The Dolben Company, Inc. is built on a deep heritage of performance and stewardship. Since 1929, four generations of the Dolben family have upheld a proud tradition of unparalleled success and profitability, fulfilling the property and investment needs for a wide array of businesses, financial institutions, organizations and private investors. For more information on The Dolben Company, visit www.dolben.com.