Chestnut Hill Realty Announces Enhancements to Norwest Woods

NEW LOOK FOR NORWEST WOODS: CHESTNUT HILL REALTY ANNOUNCES ENHANCEMENTS TO NORWEST WOODS PROPERTY, HIGHLIGHTED BY TWO NEW RESIDENTIAL APARTMENT BUILDINGS
20 New Units Plus Updates and Added Amenities to the Grounds Ready in Time for Summer Fun

Chestnut Hill, MA – June 19, 2008 – Just in time for the busy summer moving season, Chestnut Hill Realty (CHR), one of New England’s leading full-service real estate companies focused on multi-family residential properties, announces the opening of two new residential apartment buildings at its Norwest Woods property in Norwood, MA. In addition to the one, two and three bedroom town homes Norwest Woods currently offers, the two new buildings -- designed to reflect the architecture of the property’s signature clubhouse -- offer 20 new one bedroom, one bathroom flats, and are available for immediate occupancy.

The new apartment homes were designed with an open floor plan, ideal for entertaining, complete with a galley kitchen that opens up into the living area, connected by a bar-style counter. The upgraded kitchens come complete with stainless steel appliances and Maple cabinets. Each until includes a washer and dryer, central air, wall-to-wall carpeting, individual water heaters, large closets, and storage space. Keeping with CHR’s recently announced ‘Living Green’ initiatives, all of the units are equipped with Energy Star appliances that incorporate advanced technologies, helping families save approximately onethird of their energy bill with similar reductions of greenhouse gas emissions.

“Since the company’s inception nearly 40 years ago, CHR has been committed to energy efficiency and environmental concerns,” said Bobby Zuker, Chief Operating Officer of CHR. “Our new ‘Live Green’ initiative that has been rolled out at all of our properties, including Norwest Woods, really takes this commitment to a new level.”

Other new amenities to the property that residents will enjoy include a refurbished baseball field, plus the addition of a half-basketball court, soccer field, and walking path. These additions complement the existing tennis courts, pool and clubhouse, a popular spot for parties and recreational activities.

“It’s the new construction, plus the thoughtful layout, attention to detail and great location that will really attract people to our new apartments at Norwest Woods,” said Chris Rodgers, Senior Project Manager at CHR, who has helped spearhead the property’s new construction and renovations.

About Chestnut Hill Realty
Chestnut Hill Realty, founded in 1969, owns and manages more than 3,700 residential rental units in the Greater Boston area and Rhode Island. Other service offerings include property management, corporate housing, home sales, commercial leasing and development. Corporate offices are located at 300 Independence Drive, Chestnut Hill, MA 02467. For more information about Chestnut Hill Realty, visit www.chestnuthillrealty.com.