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lta on the Row, a 370‑unit luxury complex in Worcester, was sold for $157 million on Oct. 10 to a Morgan Stanley‑affiliated buyer, the Eaton Vance Real Estate Investment Group, according to the Worcester Business Journal. The deal ranks among the biggest multifamily sales in Central Massachusetts this year. Wood Partners, an Atlanta‑based national developer, finished the project in 2024, adding a wave of modern, market‑rate housing to downtown Worcester. The building sits near Union Station, rising four stories above a structured parking garage and offering high‑end amenities, contemporary interiors, and easy access to transit and local attractions—key to the city’s urban renewal. Wood Partners began construction in 2022 and has a track record of upscale urban communities, including projects in the Greater Boston area. Eaton Vance, part of Morgan Stanley Investment Management, focuses on high‑quality, income‑producing multifamily and mixed‑use assets in growth markets. This purchase expands Eaton Vance’s Central Massachusetts holdings and signals rising investor confidence in Worcester’s real estate, buoyed by regional economic expansion, housing demand, and infrastructure upgrades.
