As exclusive advisor to City Realty Group Cushman & Wakefield has been retained to arrange the sale or joint venture for 1 Highgate Street / 2-8 Harvard Avenue (the "Property") – a transformative, 82-unit infill residential apartment development with ground floor retail in Boston, Massachusetts. Located at the intersection of Cambridge Street and Harvard Avenue at the top of Harvard Ave’s retail restaurant corridor, the Property boasts an impeccable Walk Score of 98% in addition to outstanding highway visibility as it is situated adjacent to the Massachusetts Turnpike/Interstate 90. The Property offers tremendous multi-modal MBTA access via the nearby Boston Landing Commuter Rail Station, several stops along the subway Green Line B Branch and multiple bus lines. Additionally, the Property has convenient access to Routes 20, 3 and 9 further connecting the site to the rest of Boston’s urban inner-core.

1 Highgate is available on an "as-is" basis and is being offered without a formal asking price. Upon receipt of a signed Confidentiality Agreement, investors will be proved with access to due diligence materials via The Multifamily System website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers".

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1 Highgate
82 Units
1 Highgate Street
Boston, MA  02134
Posted: 6/29/2022
1. LOCATION AND VISIBILITY
With its signature blue screening cap adorning the top of the building, 110 N. Main is an iconic landmark within the Dayton CBD and a short walk to popular destinations including RiverScape Metro Park along the Great Miami River, Day Air Ballpark (home of the Dayton Dragons minor league baseball franchise), Courthouse Square, and the Benjamin & Marian Schuster Performing Arts Center

2 . SPECIAL IMPROVEMENT DISTRICT
110 N. Main benefits from being located within the Downtown Dayton Special Improvement District which partners with Downtown Dayton Partnership (DDP) to implement its service plan approved by a majority of downtown property owners. The DDP serves these property owners by working on five agreedupon areas: strategic planning and advocacy, economic development, marketing & communication, street vibrancy & creative placemaking, and clean and safe services.

3. OPPORTUNITY ZONE
110 N. Main is located within an Opportunity Zone. Added to the US tax code as part of the Tax Cuts and Jobs Act in December 2017, the goal of the Opportunity Zone program is to incentivize long-term capital investment in designated areas to promote economic development and job creation, specifically through the reallocation of capital gains

4. PREMIER HEALTH TENANCY
Anchored by Premier Health Partners (Moody’s A3), the dominant health system in the Greater Dayton region, the cash flow provided by their tenancy is predictable and secure.

5. ACCESS
The property’s location within the Dayton Central BusinessDistrict has nearly immediate access to I-75, providing quick and convenient access for tenants and guests

6. REPLACEMENT COST
The opportunity exists to acquire a Class A office tower at substantially below replace cost. Based on the expected occupancy of approximately 104,000 RSF and with the majority of the available space on the upper floors, the ability to acquire the property at a fraction of replacement cost gives an investor the flexibility to increase cash flow through the lease up of the available space or to convert a large portion to an alternative use, or some combination thereof.

7. UNIVERSITY IMPACT
With the University of Dayton a few miles to the south, Wright State University approximately 10 miles to the northeast and Sinclair College within the CBD, the proximity of each of the universities to the Dayton CBD has benefited both the city and a variety of companies in the region.
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110 N Main
   
110 N Main Street
Dayton, OH  45402
Posted: 3/21/2023
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire 1171 Sonora Court ("1171 Sonora" or the "Property"), a 1.30-acre transit-oriented development site located within Sunnyvale, California’s priority redevelopment area known as the Lawrence Station Area Plan ("LSAP"). Situated steps from Caltrain’s Lawrence Station and between Highway 101 and Interstate 280, 1171 Sonora is a premier multifamily development site benefiting from its bullseye Silicon Valley location and direct connectivity to the world’s highest paying jobs. Currently zoned for up to 68 units/acre, the LSAP is the City’s initiative to promote the development of transit-oriented, high-density housing - 1171 Sonora is in the process of being up-zoned to 100 units/acre for a total of 130 units.

Walking distance to Apple’s Campus 3, Texas Instruments, Thermo Fisher, Intuitive Surgical’s global HQ, and other renowned employers, the Property is firmly situated in the epicenter of the most innovative region in the world and is surrounded by more than 225,000 tech jobs. Median household incomes in Sunnyvale are forecasted to grow to $156,548 by 2025 and market rents are projected to increase an additional 10% while maintaining 95% occupancy over that same time period. As a fully-amenitized community adjacent to Lawrence Station, 1171 Sonora will offer the high end, transit-oriented living experience critical to attracting the region’s most affluent renters.
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1171 Sonora Court
1.3 Acres
1171 Sonora Court
Sunnyvale, CA  94086
Type: Land
Posted: 11/2/2020
Owner conceptualized building a 220 unit apartment community on this +/- 11.98 acre site. Seller is flexible on subdivision of parcels into smaller development lots. Excellent location within a residential neighborhood surrounded by SFRs and newer multifamily development.
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1237 & 1265 W Yosemite Parkway
11.98 Acres
1237 & 1265 W Yosemite Parkway
Merced, CA  95340
Type: Land
Posted: 2/7/2023

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire both the Gordon-Conwell Campus, a generational development or user opportunity spanning 102 acres and 202,952 SF of existing educational campus facilities and/or The Residences at Hamilton, a 209-unit, 1980’s vintage, garden style apartment complex, spanning 6 buildings, located in Hamilton, Massachusetts.

The property has been the home of Gordon-Conwell Theological Seminary for nearly half a century. The full offering spans 102 acres in one of Massachusetts most prominent towns.

The Gordon-Conwell Campus, offers developers, investors, and institutions, countless opportunities to enter what has historically been considered an impenetrable submarket. The site presents a multitude of redevelopment options ranging from commercial, to ultra-high-end residential development, to continued and enhanced educational and institutional use, among many others.

The Residences at Hamilton features six (6), 3-story garden-style apartment buildings totaling 209 units and approximately 194,391 rentable square feet. The buildings, built between 1976 and 1988, sit on approximately 102 acres in an idyllic residential New England setting and offer residents ample parking. Institutionally owned and operated since their original development, the buildings have historically been rented as quasi dormitories by students of the institution, but maintain traditional apartment floor plans, consisting of spacious studio, one (1), two (2) and three (3) bed layouts. The offering presents the opportunity for a new ownership group to operate the buildings as traditional apartments in one of Massachusetts’ highest barriers to entry towns, where virtually no competitive apartment properties exist today.

Pricing & Process

The Gordon-Conwell Campus and The Residences at Hamilton are offered without a formal asking price. Upon Receipt of a signed confidentiality agreement, qualified investors will be provided with access to the offering memorandum and due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a “Call for Offers”.

Investors are invited to submit bids for the Gordon-Conwell Campus and The Residences at Hamilton as a single portfolio or as individual properties.

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130 Essex Street
Offers Due:  Thursday, September 21, 2023
   
130 Essex Street
Hamilton, MA  01982

On behalf of CMK Development Partners, LLC (the "Sponsor"), Cushman & Wakefield is pleased to exclusively present the opportunity to either (i) outright acquire 137 Main Street (the "Property" or "Project") or (ii) recapitalize the Sponsor’s basis and invest in its development through a joint venture. The property is comprised of three contiguous parcels totaling 32,148 SF (0.74 acres) The property is approved for 100-units and the sponsor has obtained a Tax Increment Exemption (TIE) Agreement with the City of Brockton that lasts 10 years. This ultimately should be a defining project of scale in one of Greater Boston’s fastestgrowing inner urban communities. The property is also located in an opportunity zone.

The proposed project includes the demolition of the existing building and the development of a new, five-story building, with amenity space and a lobby on the first floor, and 99 residential units above, with a mix of both market rate and affordable apartments. Of the total 100,000+ square feet, approximately 2,135 SF will be devoted to first floor commercial space, and the balance to residential space on the upper floors.

36 units will be studios, 48 will be one-bedroom, and 15 will be two-bedroom units. The studio apartments will be approximately 450 square feet on average, the one bedrooms will be 735 square feet, on average, and the two bedrooms will be 1,045 square feet, on average. Fifty parking spaces will be provided on site, while an additional 50 will be leased from the city’s available municipal lot across the street.

The site is walking distance to a number of new development projects in the area as well a plethora of shops, offices, and restaurants. Additionally, it is a mere 3 minute walk to the Brockton MBTA station which provides access to downtown Boston.

Process & Pricing

137 Main Street is being offered without a formal asking price or joint venture structure. Once investors have had an opportunity to review the offering materials and tour the Property, Cushman & Wakefield will schedule a "Call for Offers."

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Under Contract
137 Main Street
100 Units
137 Main Street
Brockton, MA  02301
Posted: 2/27/2023

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. .

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Under Contract
141-143 Addison Street
   
141-143 Addison
East Boston, MA
Type: Land
Posted: 3/9/2021
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire 148 Peabody Road (the "Property" or "148 Peabody"), a 100% market-rate, ±5.09 acre residential development site located in Vacaville, California. Situated within a quarter mile from an Interstate-80 onramp, the Property benefits from convenient access to the area’s largest and most renowned employers including Genentech, Kaiser Permanente, NorthBay VacaValley Hospital, Anheuser-Busch, UC Davis and Travis Air Force Base. Recognizing the critical need for housing in strategic locations like 148 Peabody Road, the City of Vacaville created a Residential Urban High Density overlay that encompasses the Property and will allow for up to 330 units with conditional approval.
With direct access to 5 million jobs, Vacaville has emerged as one of the top performing apartment submarkets in the San Francisco Bay Area. Local rents are forecasted to grow by 21% in the next five years while median household incomes are anticipated to grow 15% to $96,838 annually during this same time. As a 100% market-rate community in a submarket with minimal competition, 148 Peabody Road will offer the high end, convenient living experience critical to attracting the region’s most affluent renters.
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Under Contract
148 Peabody
5.09 Acres
148 Peabody Road
Vacaville, CA
Type: Land
Posted: 12/3/2019

Cushman & Wakefield is pleased to present 1646 Routt St, an exciting opportunity comprised of (9) units in Lakewood CO. This opportunity is primed for an investor looking to benefit from predictable in-place returns as well as reap the reward of continuing to increase rents to market level. The property offers 8 spacious, 2-bedroom & 1-bathroom style apartment homes and one 1-bedroom, 1-bathroom unit. The property benefits from its location in Lakewood, which is a highly sought-after submarket of Denver for owners and renters alike. The property’s location affords tenants quick access to major employers, roadways and local transit with easy accessibility to Red Rocks Amphitheater, Bear Creek Open Space, and Apex Mountain Bike Trail. This property is perfectly positioned to capitalize on the limited supply and high rental demand in the Lakewood market. Investors will enjoy the advantage of minimal maintenance required for this meticulously cared for apartment. 1646 Routt offers investors the ability to own an asset in a predictable market with solid fundamentals.

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1646 Routt Street, Lakewood, CO 80215
9 Units
1646 Routt Street
Lakewood, CO  80215

Cushman & Wakefield has been retained by Quarterra (“The Sponsor”) as the exclusive advisors to arrange $58.1M in Limited Partner (“LP”) equity for 1657 North Shermer Road (“The Project”) located in Northbrook, Illinois. The 318-unit, 5-story Texas wrap multifamily development will be downtown Northbrook’s first Class A rental community and only transit-oriented development (TOD) to date. The 284,388 NRSF Project will feature a series of courtyards including a large pool deck with grilling stations, native landscaping, and large outdoor patios for ground level units. The project is fully designed and entitled. Construction is expected to commence in Q1 2024 with completion in Q1 2026.

The 10.4-acre site is master planned into three areas: 7.2 acres for Sponsor’s 318-home multifamily building, 1.5 acres for Sponsor’s 6,500 SF retail outparcel, and 1.7 acres for a 48-unit supportive housing building. The Sponsor is purchasing the supportive care land as part of the overall land purchase and will immediately donate it to local affordable housing developer, Housing Opportunity Development Corporation (HODC). The affordable housing component is not a part of the opportunity . The 6,500 SF retail pad will be constructed as a shell with the intention of leasing the space to a high-end destination restaurant user or comparable use. The community will have 477 parking stalls for a ratio of 1.5 stalls per home. Most of the parking is within the conditioned parking garage, with approximately 68 surface stalls flanking the road that circles the site.

This Project presents a rare investment opportunity in the highly affluent North Shore sub-market where high-density multifamily projects were historically pushed to the northeast section of downtown. This optimal location gives close proximity to Metra, parks, restaurants, shopping, and high-end single-family communities in Chicago’s North Shore.

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1657 Shermer Road
318 Units
1657 Shermer Road
Northbrook, IL  60062
Type: Conventional
Posted: 9/18/2023

Cushman & Wakefield’s Multifamily Advisory Group has been retained to arrange the sale or joint venture development of the Residences at Readville, a fully permitted and approved 279-unit transit-oriented apartment development opportunity located minutes from downtown Boston. Situated on 2.75 acres adjacent to the Readville MBTA train station, the site is approved for 279 luxury apartment homes in a single building comprised of five wood-frame residential floors over a single level above-grade podium parking garage. The Residences at Readville will feature 200 parking spaces (0.72 spaces/unit, expanded to 279 (or 1.0 spaces/unit) with stackers) as well as public transit at its back door, street front retail/restaurant space, pool, outdoor courtyards with extensive landscaping and seating areas and ample community amenities.

Residences at Readville Station is available on an “as-is” basis and is being offered without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with the offering memorandum (containing property data and financial information) and access to due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a “Call for Offers”.

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1717-1725 Hyde Park Avenue
279 Units
1717-1725 Hyde Park Avenue
Boston, MA  02136
Posted: 8/16/2023
Cushman & Wakefield, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 186-192 Selwyn Drive ("186 Selwyn" or the "Property"), a 16-unit multifamily property in Milpitas, California. Consisting of 4 fourplexes on a single parcel, 9 units have been fully renovated in addition to significant exterior capital improvements. Renovated units feature quartz countertops, stainless steel appliances, wood-style flooring, washer/dryer, and much more. Exterior upgrades include new resident amenity spaces, redwood guard railings, automated security gate, and other key improvements. 186 Selwyn provides investors the opportunity to own a high-quality asset with a $547 renovation premium for the 7 remaining unrenovated units.

The Property’s ideal Bay Area location and convenient access to Interstates 680 and 880, as well as Highway 237, provides residents with a short commute to the major job markets of Silicon Valley and the East Bay. Surrounded by world-renowned employers such as Google, Microsoft, Apple, Oracle, Cisco, Intel, Tesla, and many others, Milpitas attracts affluent residents from throughout the region. With median home prices in Milpitas nearing $1.2MM, the cost of home ownership is 210% the anticipated asking rent of 186 Selwyn. By 2025, 71% of Milpitas’ household are expected to earn more than $150,000 annually. As home prices and incomes continue to increase, 186 Selwyn’s central location and large, high-quality units, will attract the region’s high earning renters-by-necessity.
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186-192 Selwyn Drive
16 Units
186 Selwyn Drive
Milpitas, CA  95035
Posted: 11/2/2020
1. CREDITS, INCENTIVES AND ABATEMENTS
The property’s inclusion on the National Register of Historical Places provides an opportunity for an adaptive reuse investor to seek tax credits, in addition to other available programs and abatements. The owner can apply for a variety of incentive programs,

2. ICONIC CBD PROPERTY
On the National Register of Historic Places since 1986, 19 Garfield Place was designed by Tietig and Lee and constructed in 1923. Terracotta tiles cover the eightstory façade with elements of metal and marble. The building has earned ENERGY STAR certification for the last seven years

3. URBAN OASIS
With Piatt Park, the oldest park in Cincinnati, at the front door of 19 Garfield Place and stretching two blocks from Vine Street to Elm Street, tenants and guests alike can take advantage of its shaded beauty. Immediately to the Northeast, the recently revitalized Court Street Plaza, a $5.5 million project, is not only a great public gathering space featuring wide, pedestrian-friendly sidewalks and community artwork, it’s also situated at the center of many unique small businesses.

4. DOMINANT OHIO MSA
At more than 2.2 million residents, the Greater Cincinnati MSA, comprised of 16 counties in three states, is the largest within the State of Ohio and the 30th largest in the United States. Five Fortune 500 companies are headquartered in the Greater Cincinnati MSA including 4 located in the CBD.

5. WALKABLE AND TRANSIT-ORIENTED LOCATION 19 Garfield Place is located within a block and a half of the Seventh & Walnut stop for The Connector, a 3.6-mile streetcar line operating throughout the city’s urban core and connecting The Banks with Over-the-Rhine. Cincinnati is also one of the most walkable downtown areas in the country with a walkability index of 18.6 out of 20 and a walk-score of 95%. Whether it’s the gentrified old-world charm of the Over-the-Rhine neighborhood a few blocks to the north or the more modern amenities located within the CBD and at The Banks to the south, 19 Garfield Place is a short walk or streetcar ride to both of Downtown’s vibrant social scenes.

6. STRONG MARKET FUNDAMENTALS FOR NEW MULTI-FAMILY CONSTRUCTION
New Class-A multi-family product in the downtown Cincinnati market has recently outperformed the rest of the Cincinnati MSA. Pairing an average of 95% occupancy with an impressive $2.26/SF, these fundamentals present an exciting opportunity to redevelop 19 Garfield Place into apartments.

7. OUTSTANDING RENT GROWTH IN DOWNTOWN MARKET In the Cincinnati downtown market, rent growth for Class-A properties in the last 5 years has been over 13%. The remaining downtown properties experienced rent growth around 8% in that same time period. The average asking rent for Class A properties downtown is $2,102/month.

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19 Garfield Place
   
19 Garfield Place
Cincinnati, OH  45202
Posted: 7/20/2023
Cushman & Wakefield is pleased to present for sale, 2007 Aldrich Ave S Apartments (the “Property”), a 12-unit vintage multifamily asset in the heart of the lively Lowry Hill Neighborhood of Minneapolis.

A vintage building from 1900, all units at 2007 Aldrich Ave S have been thoughtfully renovated between the years 2016 and 2022. The large two-bedroom units average 1,000 square feet and consist of new countertops, new cabinets, stainless steel appliances, and new backsplashes in the kitchens, new tile, vanities, and toilets in the bathrooms, as well as new refinished (original) hardwood flooring throughout.

Located in the heart of the Lowry Hill East neighborhood of Minneapolis, 2007 Aldrich Ave S Apartments offer direct access to the Hennepin/Franklin corridor, and an eclectic mix of boutique shops, trendy eateries and bars, art galleries, and recreational assets including Lakes Bde Maka Ska and Isles.

The property currently boasts 100% occupancy and provides a lucrative opportunity for the next investor to implement utility reimbursements (RUBS) and bill back the tenants for utilities, adding additional annual income in the desirable South Minneapolis area for well below replacement costs.

OFFERING DETAILS

2007 Aldrich Ave S Apartments are offered free and clear of existing financing and is available on an “as-is” basis.

The property is being offered without a formal asking price.

Upon receipt of a signed Confidentiality Agreement, investors will be provided with access to due diligence materials via The Multifamily System website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a “Call for Offers”.

Tours will begin August 28th. Please contact Robert Dulin or Erin Salway directly to set up a tour, which will be scheduled by appointment only.

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2007 Aldrich Ave S Apartments
12 Units
2007 Aldrich Ave S
Minneapolis, MN  55405
Type: Conventional

Cushman & Wakefield is pleased to offer for sale 209 Harvard Street, an irreplaceable asset and transit-oriented development opportunity in the heart of Coolidge Corner, Brookline, Massachusetts. The prominent 32,223 square foot medical office building is a four story structure on top of a 2 level covered parking garage containing 63 spaces.

Medical Office Building Renovations

The Medical Office building renovations include several improvements to the Harvard Street Facade:

1) Café with outdoor seating on the ground floor

2) New more welcoming facade material replacing the precast concrete with a glass and panelized system that admits more daylight

These features are particularly appropriate given the mission to provide a fit and healthy, community-centric place to live and a Medical Building that supports wellness needs of the area. The site plan shows the new café seating on site along Harvard Street and the entry path to the entry courtyard along the south side of the property. The former, along with the new facade materials and glass addition will activate the street. The latter provides a pleasant arrival sequence for the new residents. Preliminary grading and landscape materials, as well as critical dimensions, are indicated.

Fully Approved 44-Unit Residential Building

The approved plans allow one to build a new housing component on the rear portion of the lot. The housing portion of this proposal is to build four levels of units, over two levels of parking. The expectation is that these units will constitute a good addition to the range of housing options available in town, particularly for professionals looking for an active lifestyle and valuing both the amenities and the transit options available in Coolidge Corner.

Pricing & Process

209 Harvard Street is available on an "as-is" basis and is being offered without a formal asking price. Upon receipt of a signed Confidentiality Agreement, investors will be provided with access to due diligence materials via The Multifamily System website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers".

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209 Harvard Street
   
209 Harvard Street
Brookline, MA  02446
Posted: 3/23/2022

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

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Under Contract
225 General Edwards Highway
   
225 General Edwards Highway
Sharon, MA  02081
Posted: 8/11/2022
Cushman & Wakefield is pleased to present for sale, 2424 4th Street NE, a 12-unit multifamily property located in the trendy Northeast Minneapolis Neighborhood.

The property offers direct access to an eclectic mix of hip bars and eateries, breweries, and coffee shops as well as recreational amenities at the Mississippi riverfront and Boom Island with close proximity to Target Field, Target Center, U.S. Bank Stadium, the Theater District, and the Central Business District.

Current ownership has completed extensive renovations of both exterior and interior elements over the last several years. All units are “best-in-class” and feature new cabinets, granite countertops, subway tile backsplash, LVT flooring as well as full bathroom remodels that include new tubs, tile, vanity, toilets, and lighting.

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Under Contract
2424 4th Street NE
12 Units
2424 4th Street NE
Minneapolis, MN  55418
Type: Conventional
Under Contract
250 Everett Street
   
250 Everett Street
Boston, MA  02134
Posted: 12/9/2021
Cushman & Wakefield is pleased to present for sale, the Northeast Portfolio, a 35-unit, three-property multifamily portfolio located in the trendy Northeast Minneapolis Neighborhood.

The properties are located throughout Northeast Minneapolis offering direct access to an eclectic mix of hip bars and eateries, breweries, and coffee shops as well as recreational amenities at the Mississippi riverfront and Boom Island with close proximity to Target Field, Target Center, U.S. Bank Stadium, the Theater District, and the Central Business District.

Current ownership has completed extensive renovations of both exterior and interior elements of all three properties over the last several years. All units are “best-in-class” and feature new cabinets, granite countertops, subway tile backsplash, LVT flooring as well as full bathroom remodels that include new tubs, tile, vanity, toilets, and lighting.

The Northeast Portfolio opportunity offers attractive assumable debt at the following terms:

Fannie Mae
Balance: $4,125,000
Interest Rate: 3.17%
Origination Date: 5/1/20
Term: 15 Years
Interest only: 10 Years
Amortization: 30 Years

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Northeast Minneapolis Portfolio (3 properties, 35 units)
301 17th Ave NE
14 Units
301 17th Ave NE
Minneapolis, MN  55413
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire 312 Monte Vista Avenue (the "Property" or "312 Monte Vista"), a ±6,400 square foot residential development site zoned for 14 for-rent or for-sale units. Located in one of Oakland’s most sought-after submarkets, 312 Monte Vista is a 6-minute walk from Piedmont Avenue, granting future residents immediate access to some of the East Bay’s most renowned dining, retail and entertainment offerings. 312 Monte Vista is walking distance to the MacArthur BART Station and steps from an AC Transit Transbay Service stop, providing seamless commuting access to downtown Oakland, San Francisco and throughout the Bay Area.

Oakland has proven itself as one of Northern California’s strongest job markets. With a 46% trailing 5-year average discount to San Francisco class A office rents, Oakland has attracted companies such as Square, Credit Karma, Blue Shield, PG&E, and Oracle in addition to 44,133 new residents since 2010. With 5MM square feet of office in the development pipeline, Oakland will continue to attract companies and employees - the continued in-migration is projected to fuel rent growth 26% by 2030.

As a newly constructed property with direct access to The Bay Area’s renowned employers and lifestyle attractions, 312 Monte Vista will offer the high-end, convenient living experience critical to attracting the region’s most affluent residents.
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312 Monte Vista
0.15 Acres
312 Monte Vista Avenue
Oakland, CA  94611
Type: Land
Posted: 1/5/2021
1. EXCELLENT BUILDING FUNDAMENTALS
The building features sleek and timeless glass lines bringing excellent natural light into the space with incredible 360 views of Downtown Cincinnati, including views of the Ohio River, Paycor Stadium, and The Banks. The open floor plans are ideal for a traditional office user or adaptive reuse, providing a multitude of options for configuration of the space.

2. UPSIDE PARKING POTENTIAL
The 266-space parking garage on the first four levels of the building providing users convenient, onsite parking and an opportunity to enhance cash-flow potential through public-facing parking options for transient visitors.

3. CREDITS, INCENTIVES, AND ABATEMENTS
The owner of 312 Plum Street can apply for a variety of incentive programs, including but not limited to state and federal tax incentives, sales tax exemptions for construction materials, and real estate tax abatements on the improved value.

4. SOUTHWEST CBD MOMENTUM
With multiple conversions and recently completed new construction, the southwest quadrant continues to evolve into a vibrant residential and hospitality corridor within Downtown Cincinnati. 312 Plum Street’s proximity to The Banks, a preeminent mixed-use development along the Ohio River, and Fountain Square, the social heart of Downtown, positions it well for either a residential or hospitality adaptive reuse.

5. WALKABLE AND TRANSIT-ORIENTED LOCATION Cincinnati is one of the most walkable downtown areas in the country with a walkability index of 18.6 out of 20 and a walk-score of 95%. Holding true to this high index, 312 Plum Street is within a 10-minute walk of numerous amenities and points of interest.

6. STRONG MARKET FUNDAMENTALS FOR NEW MULTI-FAMILY CONSTRUCTION New Class-A multi-family product in the downtown Cincinnati market has recently outperformed the rest of the Cincinnati MSA. Pairing an average of 97% occupancy with an impressive $2.26/sf, these fundamentals present an exciting opportunity to redevelop 312 Plum Street into market-rate apartments.
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312 Plum
   
312 Plum St.
Cincinnati, OH  45202
Posted: 3/8/2023
Cushman & Wakefield is pleased to present for sale, the Northeast Portfolio, a 35-unit, three-property multifamily portfolio located in the trendy Northeast Minneapolis Neighborhood.

The properties are located throughout Northeast Minneapolis offering direct access to an eclectic mix of hip bars and eateries, breweries, and coffee shops as well as recreational amenities at the Mississippi riverfront and Boom Island with close proximity to Target Field, Target Center, U.S. Bank Stadium, the Theater District, and the Central Business District.

Current ownership has completed extensive renovations of both exterior and interior elements of all three properties over the last several years. All units are “best-in-class” and feature new cabinets, granite countertops, subway tile backsplash, LVT flooring as well as full bathroom remodels that include new tubs, tile, vanity, toilets, and lighting.

The Northeast Portfolio opportunity offers attractive assumable debt at the following terms:

Fannie Mae
Balance: $4,125,000
Interest Rate: 3.17%
Origination Date: 5/1/20
Term: 15 Years
Interest only: 10 Years
Amortization: 30 Years

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Northeast Minneapolis Portfolio (3 properties, 35 units)
315 Buchanan Street NE
9 Units
315 Buchanan Street NE
Minneapolis, MN  55413

Cushman & Wakefield’s Multifamily Advisory group is pleased to present for sale 3326 Washington, a fully approved 43-unit development opportunity located minutes from downtown Boston in the Jamaica Plain neighborhood. Situated on a 12,304 SF lot, 3326 Washington Street will include 5 stories and 43 units of residential housing.

Totaling 39,445 GSF, the development opportunity is ideally situated among Jamaica Plain’s neighborhood amenities, combining the best of Boston-based benefits and the suburban neighborhood appeal. 3326 Washington Street is only a block away from the MBTA Orange Line’s Green Street stop and less than a mile from the Commuter Rail’s Forest Hill Station providing access to Downtown Boston in under 20 minutes.

3326 Washington Street is offered for sale on an "as-is" basis and without a formal asking price. Once investors have had an opportunity to review the offering materials, Cushman & Wakefield will schedule a "Call for Offers" date with advanced notice.

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Under Contract
3326 Washington Street
43 Units
3326 Washington Street
Boston, MA  02130
Posted: 4/27/2022

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to offer for sale 40-46 Winter Street, a boutique apartment and retail value-add buidling located in the heart of downtown Boston. The building represents a rare opportunity to acquire a tremendously located asset comprised of 14 market rate residential units and approximately 5,581 square feet of prime retail space. The residential units range from studios to over-sized four-bedroom units and feature unique open plan layouts, tremendous ceiling heights, window lines, streetscape views and the sought-after exposed brick aesthetic. The location offers a world class retail opportunity for the incoming owner with significant upside through new leasing, remerchandising and increasing below market in-place rents.

The building is located on Winter Street in the core of Downtown Crossing, a dynamic mixed-use destination that has been the beneficiary of $4+ billion in capital investment in last 15 years. Boasting a central location with access to multiple subway stations, the neighborhood is home to an abundance of shopping, dining, entertainment, and cultural amenities complemented by luxury residential towers, boutique hotels and creative office space. The neighborhood is surrounded by the Financial District, the city’s largest and most dynamic office submarket, and is home to several higher ed institutions, including Suffolk University and Emerson College. Collectively, these foundational demand drivers underpin the success and long-term outlook for the location.

40-46 Winter Street was completely renovated and built new in 2008, including new base building systems, roof, windows, and residential units on the upper floors. Since the renovation, the building has maintained near-100% occupancy throughout market cycles. Given the strategic location and large units, the resident profile today is predominantly young professionals and some undergraduate students. The propertiy offers flexibility to the incoming owner to maintain the current operations and enjoy the stability of cash flow or upgrade/refresh the residential unit interiors and common areas to push rents to full market potential or condo conversion.

40-46 Winter Street is available on an "as-is" basis and is being offered without a formal asking price. Upon receipt of a signed confidentiality agreement, qualified investors will be provided with the offering materials and access to additional due diligence information. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers".

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40-46 Winter Street
14 Units
40-46 Winter Street
Boston, MA  02108
Posted: 6/21/2022