Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire 815 Somerville Avenue, an exceptional redevelopment opportunity located in the heart of Porter Square, Cambridge, Massachusetts. 815 Somerville Ave is a three-story brick building comprised of 27,824 gross square feet and 18 garage parking spaces. The building is situated on a 10,442 square foot parcel and sits within the Massachusetts Avenue District – a new zoning district that allows up to 12 stories of residential use by-right.

The property is located across the street from the MBTA Porter Square Station (Red Line), providing direct access to Harvard, MIT, Kendall Square and Downtown Boston within minutes. Porter Square is a vibrant, culturally diverse neighborhood known for its lively mix of unique shops and eclectic food scene (from budget-friendly to ethnic), as well as major retail with Star Market, Target, Tags Hardware and CVS, among others. The square blends urban energy with local charm, featuring public art, walkable areas, and a strong connection to Lesley University, creating an authentic, bustling hub for students, professionals, and residents.

Exceptionally located and surrounded by amenities, cultural activities and demand drivers, 815 Somerville Ave presents investors with a multitude of alternative use and value-creation opportunities, including ground up redevelopment for residential use (apartments or condominiums), re-tenanting the existing office space, or utilizing the in-place approvals (recently obtained by the ownership) to retrofit the building for laboratory/ R&D tenancy. In addition, the property represents a rare purchase opportunity for an end-user/tenant (office or life science) seeking to reap the significant benefits of ownership. 815 Somerville Ave is a unique asset and investment opportunity that is available immediately for occupancy or redevelopment.

Process & Pricing

815 Somerville Ave is offered on an “as-is” basis and 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”.

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present the 206-unit Arbor Place value-add multifamily community located in Jacksonville, Florida. Located in Jacksonville’s Southside submarket, the asset is conveniently positioned eight minutes or less from three major healthcare facilities (HCA Memorial, Brooks Rehab, and Ascension St. Vincent’s Southside), totaling over 1,150 beds. Additionally, the Southpoint and Deerwood business corridors sit approximately 10 minutes south of Arbor Place, boasting over ~8 million square feet of office space and supporting ~40,000 jobs in the immediate area.

The property is well built with concrete block and brick construction, featuring concrete subfloors, and boasts an attractive unit mix with 40% two-bedroom units, including townhouse floor plans, most of which have been upgraded to a fully renovated finish level. Renovated units include stainless steel appliances, resurfaced countertops, faux-wood flooring, new cabinet doors with hardware (painted boxes), updated plumbing and light fixtures, and ceiling fans. With over $3.8 million in capital expenditures invested since acquisition, the property is primed for a new owner to further renovate the remaining classic and partially renovated units while implementing additional revenue drivers such as bulk internet and technology packages.

With average household income exceeding $94,000 within a three-mile radius, the current in-place rent-to-income ratio of approximately 14.5% presents a compelling opportunity for an owner to drive rent growth through continued community and operational enhancements.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of Ardmore at Vance, a 246-unit, 2025-built apartment community located in Chattanooga, Tennessee. This asset is strategically located near the Gunbarrel Road retail corridor, offering residents immediate access to national retailers, as well as close proximity to the areas major employers. The community has demonstrated remarkable lease up velocity since the first building received property management acceptance in April 2025 and will achieve stabilization in Summer 2026.

Ardmore at Vance offers the opportunity to acquire a premier asset positioned for exceptional performance, driven by strong demographic fundamentals and sustained demand for a convenient location, high-quality finishes, and best-in-class amenities. Furthermore, market-wide vacancy has compressed 300 bps over the past 12 months, new deliveries are down 23% YoY, and less than 850 units are expected to deliver in the Chattanooga MSA through December 2027.

Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present for sale Arlington & Cortes, a 58-unit portfolio consisting of four (4) individual brownstone properties in Boston’s Bay Village neighborhood. The portfolio is designated with full Lodging Licenses for 84 occupants. The buildings are equipped with recently renovated systems, including new roofs and life safety systems, and beautifully re-pointed brick facades. Interior units present value-add potential or benefit from strong cash flow based on the existing tenants.

The properties are positioned in one of Boston’s most convenient and supply- constrained neighborhoods, Bay Village, which offers superb transit options and easy access to major highways. The properties are centrally located to Boston’s top employment districts, including Downtown Boston, the Longwood Medical Area, and Back Bay. Arlington & Cortes are also proximate to many of Boston’s top institutions and amenities in South End, Back Bay, and Downtown Boston.

Pricing & Process

Arlington & Cortes is offered on an “as-is” basis and 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, Cushman & Wakefield will schedule a “Call for Offers”.

This 20+ acre shovel ready site is a well-located parcel in the Bradley Heights community of Southeast Colorado Springs, near the S Powers corridor and Bradley Road. The immediate submarket is anchored by S Powers Blvd and has become one of the most prominent and active growth corridors in the region, with a mix of commercial, retail, aviation, recreation, education, and residential uses. The area is dominated by several large master planned developments including the Peak Innovation Park, Amazon warehouse hub, Colorado Springs Airport and United States Space Force. The Bradley Heights site sits within a growing mixed-use development containing new single-family homes, multifamily, commercial, business center, church, parks, and an elementary and middle school. In addition, this site is 12 miles to Downtown Colorado Springs and only minutes from the 2,000+ acre master planned airport business park. Housing demand is very strong in this submarket. Given the growth and demand of this submarket, the allowable density up to 24.99 DU/Acre, and the unique product offering, this site presents an exciting opportunity for future development.