Cushman & Wakefield's Multifamily Advisory Group is pleased to offer for sale 141-143 Addison Street, a transit-oriented investment and development opportunity located minutes from downtown Boston. As East Boston continues to transform and flourish as a hotbed of residential development activity, the property’s 21,100 ± square foot (0.48 acre) lot presents an excellent redevelopment opportunity with the potential to deliver housing in a thriving Boston neighborhood. Currently comprised of two single-story flex/industrial buildings totaling 15,400 ± square feet, the property also presents considerable upside as functional in-fill industrial space. The property's below market rents and short-term leases provide the buyer - whether housing developer, industrial user/occupier or investor - with the flexibility to execute a variety of value-add strategies that maximize the property's potential. .

Cushman & Wakefield and Greystone are pleased to present for sale 225 General Edwards Highway, a prime development site opportunity located in Sharon, Massachusetts. The property is comprised of 30 +/- acres of land along Route 1 in the northwesterly section of Sharon, bordering the towns of Walpole and Foxboro.

The Property provides unmatched access to nearby retail amenities in Walpole and Foxboro. To the north in Walpole, there is assorted retail including the Big Y Plaza, Applebee’s, Dunkin’ Donuts, Fairfield Inn & Suites and Walmart. Less than three miles away from the Property is Foxboro’s Patriot Place which features a wide variety of retail and dining amenities surrounding Gillette Stadium. This includes Bar Louie, CBS Sporting Club, Wormtown Brewery, Top Golf, Showcase Cinema, Christmas Tree Shops, Bed Bath & Beyond, Trader Joe’s and Vineyard Vines.

225 General Edwards Highway is available on an “as-is” basis and is being offered without a formal asking price. RFPs must be submitted by October 14, 2022.

For additional information and to submit a bid, please visit: https://mbtarealty.com/bid-docs/?_sm_nck=1

Cushman & Wakefield’s Multifamily Advisory Group is pleased to offer for sale the Edge 400 Apartments, an approved 180-unit transit-oriented apartment development opportunity located in Hartford, Connecticut. The 5-acre site is strategically located near the West Hartford town border, minutes from Interstate 84 and equidistant to downtown Hartford and West Hartford Center. The location is convenient to major nearby employers as well as the incredible assortment of lifestyle amenities available in West Hartford.

The project is fully approved as 180-units, 100% market rate, across three (3) four (4) story wood framed buildings with 184 surface parking spaces. Alternatively, with administrative approval by the city, there’s an opportunity to increase the project to 231-units by constructing a single 5 story building (comprised of 4 levels of wood framing over a single level podium structure) with 294 parking spaces (105 covered/below building and 189 surface spaces). The Edge 400 Apartments will feature first-class finishes and appliances within the units, state-of-the-art technology, and beautiful landscaped grounds. Located adjacent to West Hartford, the project will offer future residents an excellent lifestyle with convenient access to all that Hartford and West Hartford offer.

The City of Hartford has a variety of financial incentives to support development, including a long-term tax abatement program and low-cost secondary financing through the Capital Region Development Authority (CRDA). The incoming developer will be able to leverage these incentives. Given the groundwork completed to date by the current ownership, these financing incentives should be able to be advanced quickly.

Cushman & Wakefield is pleased to present the exclusive listing of The Worcester Portfolio located in the coveted Elm Park neighborhood of Worcester, MA. The portfolio, an irreplaceable collection of nine (9) former mansions, is configured for short-term rental and dormitory use. The buildings are 100% leased to a local university through July 2029.

The portfolio consists of 262 beds across 122 bedrooms in the 9 buildings, with a mixture of shared and private bathrooms and common facilities. Substantially renovated in 2021/2022, and exceptionally located in the heart of Worcester, the Worcester Portfolio is a rare investment opportunity that offers attractive and secure cash flow and significant long-term upside. The portfolio is offered for sale with an asking price of $19,700,000, equating to 7.0% cap rate on the in-place income.