Under Contract
250 Everett Street
   
250 Everett Street
Boston, MA  02134
Posted: 12/9/2021

Cushman & Wakefield is pleased to exclusively offer for sale 2525 Turtle Creek Boulevard (the “Property”), located in one of Dallas’ most sought-after enclaves. The Property is one of the only remaining parcels of its size suitable for high-density development under its existing zoning within the Turtle Creek submarket. Originally built in 1961, the ±4.446-acre Property consists of 108 condominium units and is named the Turtle Creek Gardens Condominiums. The current low-density condominiums no longer constitute the Property’s highest and best use, as there has been an unprecedented surge in demand for high-density development in the area. This surge in demand can be attributed to Dallas’ unrivaled employment growth, having led the nation in new jobs over the past three years. Due to its low cost of living, high quality of life and pro-business environment, Dallas continues to see an influx of corporate relocations from across the country, which drives its rapid expansion.

Offering Memorandum and related documents can be found at 2525turtlecreekblvd.com.

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Under Contract
2525 Turtle Creek
4.44 Acres
2525 Turtle Creek Blvd.
Dallas, TX  75219
Type: Land
Posted: 8/14/2020
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
Click Here to Visit the Auction Website

Tour Dates: January 12th and January 26th

Lender Owned Property Being Sold at Auction

329 on Main is being offered for sale for the lender who foreclosed on the property. The ability to purchase a distressed property directly from the lender has become rare in today’s market and offers the ability to purchase a low basis.

Additional Lender Owned Properties Available

329 on Main can be purchased with 3 additional nearby assets, however, a portfolio purchase is not required. The Court Building, (80k sf office building) Fendrich Plaza (33k sf single tenant office building) and The Hulman Building (95k sf office building) are also being offered by the lender in the same auction and were previously owned by one group.

Fully Renovated, Historic Property

Formerly known as "The Hilliard Lyons Building," in downtown Evansville, 329 on Main is also listed on the National Register of Historic Places. Units have been fully renovated with modern cabinetry, granite counters, stainless steel appliances, luxury flooring, tile backsplash and tub surround, lighting, fixtures and more.

Growing Downtown Evansville Location

329 on Main is ideally situated within Evansville's vibrant, growing downtown area. With employment, entertainment, shopping and dining all within walking distance, residents benefit from the full "live-work-play" experience.

Upside with Vacant Retail Space

The building has a 4,385 square foot vacant space in the basement—a former speakeasy bar. The opportunity exists to increase revenue by converting this space into an amenity center for resident use or leasing it to a new commercial tenant.

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329 on Main
50 Units
329 Main Street
Evansville, IN  47708
Posted: 12/8/2021
Cushman & Wakefield is pleased to present for sale, 3412 Bloomington Ave Apartments, an 18-unit Multifamily property in Minneapolis.

Centrally located in the heart of South Minneapolis, just off of Interstate 35W and steps from the recently renovated Powderhorn Park, the property’s prime position gives residents easy access to everything. The property is located minutes from downtown Minneapolis, Uptown, Lyn-Lake, Eat Street, Lake Harriet, Lake Calhoun , Midtown, and Lake Nokomis. The property is also steps from locally acclaimed restaurants including Matt’s Bar and Grill, Chatterbox Pub, and Reverie Café + Bar.

The property has been professionally managed and meticulously maintained over their years of ownership. The in-place average rents are $870 (1-bed) and $1,030 (2-bed) which are both significantly below market and prime for a light, in-unit renovation plan. The asset is offered free and clear of existing financing.

Please contact Robert Dulin directly to set up a tour, which will be scheduled by appointment only.
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3412 Bloomington Ave Apartments
18 Units
3412 Bloomington Ave
Minneapolis, MN  55407
Type: Conventional

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale 375 Cummins Highway, an approved residential development featuring unique on-site parking in Boston’s Roslindale neighborhood. 375 Cummins Highway will include 49 residential units and up to 60 off-street parking spaces as well as a bike storage/repair area for 49 bicycles. The units will include six (6) affordable rental units with the remaining 43 priced at market rate. The building will also feature a large lobby and common area in addition to a gym and two common decks for residents to gather and enjoy.

Investment Highlights

Fully-Approved Opportunity- 375 Cummins Highway presents a rarely available approved 49-unit development site in Boston’s Roslindale neighborhood. The site consists of an approximately 39,106 SF lot situated between Cummins Highway and American Legion Highway. The approved status of the site allows for immediate construction commencement in a highly-desirable residential market.

Access to Major Area Roadways and Public Transit-375 Cummins Highway offers a rare combination of ideal access to major area highways and public transportation. Steps outside of the site is a stop for bus route #30 bringing commuters directly to Forest Hills in under 10 minutes and to Downtown Crossing in another 15 minutes via the MBTA Orange Line. Drivers reach downtown Boston in approximately 20 minutes, door-to-door making it an ideal home for commuters.

Located 5 miles from I-93, 375 Cummins Highway offers easy access to all the major roadways in Massachusetts. This provides a variety of easy commuting options to various employment drivers and entertainment venues throughout Massachusetts.

Proximity to Quality Neighborhood Amenities- 375 Cummins Highway is located amidst quality dining and retail in Roslindale, Jamaica Plain, and Dorchester. Nearby community gardens and nature centers such as the Arnold Arboretum and the Leland Street Community Garden provide outdoor experiences without leaving the city. 375 Cummins Highway is less than 2 miles from Roslindale Village, the popular downtown area of Roslindale offering many neighborhood shops, restaurants, and amenities. Residents can easily pick up daily essentials at the American Legion Shopping Center and Stop & Shop.

375 Cummins Highway 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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Under Contract
375 Cummins Highway
   
375 Cummins Highway
Boston, MA  02131
Type: Land
Posted: 7/1/2021
400 W Maple
2.64 Acres
400 W Maple Avenue
Stillwater, OK  74074
Type: Land
Posted: 5/17/2021

Cushman and Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 400 West Broadway. The rarely available, fully approved, residential development opportunity is located along the highly coveted West Broadway corridor of South Boston, Massachusetts.

The project, which received its Certification of Approval from the Boston Planning and Development Agency in 2020, calls for the construction of a 5 story, 38 unit (36 residential + 2 retail) residential building, complimented by a 34 space semi-automatic parking garage in the rear of the site.

When complete, 400 West Broadway will offer future residents unparalleled access to a dynamic mix of amenities and transit options, scattered throughout South Boston and the Seaport. Furthermore, the project is poised to benefit greatly from several upcoming largescale developments in the immediate area. An influx of both life science and commercial development will bring thousands of new employees and millions of square feet of development to the already bustling submarket.

400 West Broadway is being offered for sale without a formal asking price, free and clear of existing debt. Once qualified investors have had an opportunity to review the offering materials and tour the Property, Cushman & Wakefield will schedule a formal "Call For Offers".

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400 West Broadway
0.22 Acres
400 West Broadway
South Boston, MA  02127
Type: Land
Posted: 3/16/2021

Cushman & Wakefield’s Multi-Family Advisory group is pleased to offer for sale 45 Merrimack Street, a historic preservation and new construction residential redevelopment opportunity in the heart of Lowell, Massachusetts’ historic downtown. The property is comprised of adjoined 5 and 2 story buildings totalling 69,500 +/- GSF and 23,714 +/- SF of land. Situated prominently on Merrimack Street, the 5-story structure, known as the Hildreth Building, offers a blank redevelopment canvas of 51,000 +\- GSF well suited for residential apartments or condominiums. Constructed in c. 1882, the preservation of the building’s façade and renovation of the upper floor interiors would create high character residential loft style units featuring 10’+ ceilings, large windows and exposed brick elements. The 2-story portion of the property along Paige Street, totalling 18,500 +/- GSF and 12,200 SF of land, offers the potential for multiple value-add opportunities, including groundup construction of a new residential low or mid-rise building. The redevelopment of 45 Merrimack is fully supported by the City of Lowell and the incoming owner can leverage Opportunity Zone, Historic Tax Credits and city and state economic development incentives to bring this transformative project to fruition.

45 Merrimack 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 and tour the property, Cushman & Wakefield will schedule a "Call for Offers" date.

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Under Contract
45 Merrimack
   
45 Merrimack Street
Lowell, MA  01852
Posted: 8/31/2021
Cushman & Wakefield is pleased to exclusively present the opportunity to acquire 4700 & 4770 San Pablo Avenue ("4700 & 4770 San Pablo" or the "Property"), a multi-tenant industrial property zoned for up to 69 multifamily units in Emeryville, California. Available for the first time in over 20 years, 4700 & 4770 San Pablo are two of the remaining industrial assets in a submarket with a dwindling supply and increasing demand. Tenancies are month-to-month, allowing for an immediate value-add program, a covered land redevelopment play, or an owner/user to occupy one or both buildings.

Centrally located at the confluence of Interstates 80, 880, and 580, Emeryville is directly across the Bay Bridge from San Francisco and provides convenient access to the world’s highest paying jobs in San Francisco, Oakland and Silicon Valley. Emeryville is an international bioscience hub and is home to the global headquarters for Pixar, Zymergen, Peet’s Coffee & Tea, Clif Bar & Co, and more. The city has emerged as one of the East Bay’s most prominent retail, dining, and entertainment destinations with new offerings such as the Public Market and the East Bay Bridge Retail Center.

4700 & 4770 San Pablo boast a walk score of 88 and are steps from AC Transit and Emery-Go-Round, Emeryville’s free shuttle that provides service to BART and Amtrak. This seamless connectivity to the Bay Area’s major job centers and multitude of lifestyle offerings have lured world-renowned employers and a growing base of affluent residents to Emeryville, making 4700 & 4770 San Pablo a premier offering with optionality for a mixed-use development or an industrial value-add execution.
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4700 & 4770 San Pablo
1.24 Acres
4700 San Pablo Avenue
Emeryville, CA  94608
Type: Land
Posted: 1/4/2021

The Wylie Holdings Portfolio is an incredibly unique opportunity for an investor to acquire 222 turn-key units located in some of Pittsburgh’s most desirable neighborhoods with an incredibly high barrier to entry. With a large concentration of the portfolio located in the iconic and highly sought-after neighborhood of Lawrenceville, the properties rival the best apartment and mixed-use properties Pittsburgh has to offer.

Pittsburgh has experienced unparalleled growth and investment from robotics, artificial intelligence, computer science, life sciences and healthcare industries led by top, regional employers like Argo AI, Uber, PNC, the University of Pittsburgh Medical Center and some of the world’s best colleges and universities including Carnegie Mellon University, the University of Pittsburgh and Duquesne University. The Portfolio’s locations provide residents with easy access to these employers and universities as well as being centrally located in the city’s most popular neighborhoods where tenants can walk to central business districts, easily access public transportation, or connect to every major highway and interstate. The Wylie Holdings Portfolio has all the right demand drivers that investors are actively seeking throughout the Mid-Atlantic.

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Under Contract
5231-5237 Butler St
222 Units
5231-5237 Butler Street
Pittsburgh, PA  15201
Posted: 9/22/2021

Cushman & Wakefield is pleased to present the opportunity to acquire the Cambridge Connection, an exceptional 10-building portfolio totaling 85,000 +/- GSF located between Harvard Square and Porter Square in the heart of Cambridge, Massachusetts.

Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the portfolio presents immense value-add potential through the leaseup of vacant commercial space, the redevelopment to multifamily residential and condominium conversions, the potential for new ground-up residential construction, among other options and strategies.

The Cambridge Connection is situated in one of the most highly desirable metro areas in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities. Situated on Mellen Street, Sacramento Street, Massachusetts Avenue, and Somerville Avenue, all of the buildings are located within a 10-minute walk of a MBTA Red Line station, as well as Harvard and Lesley University.

Process & Pricing

The Cambridge Connection 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".

Investors are invited to submit bids for the Cambridge Connection as a single portfolio, sub-portfolios or individual properties.

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Cambridge Connection (10 properties, 0 acres)
6 Sacramento St
   
6 Sacramento Street
Cambridge, MA  02138
Posted: 10/20/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 41-unit 612 Hillsborough apartment community located in Chapel Hill, North Carolina. This asset is located strategically in the center of Chapel Hill, an integral part of the rapidly expanding Research Triangle. Residents of 612 Hillsborough have convenient access to the largest employment/education hubs in the area, including UNC, Duke University, and Research Triangle Park. The asset is also short distance away from many shopping, dining, and entertainment options. Built in 1967, 612 Hillsborough offers an outstanding opportunity to invest in an exceptional asset in the thriving Chapel Hill area. New ownership can implement the proposed value-add initiative by renovating all 40 two-bedroom units to achieve $100 premiums and an ROI of 24%.
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612 Hillsborough
41 Units
612 Hillsborough Street
Chapel Hill, NC
Type: Conventional
Posted: 11/1/2021

Cushman & Wakefield is pleased to present the opportunity to acquire the Cambridge Connection, an exceptional 10-building portfolio totaling 85,000 +/- GSF located between Harvard Square and Porter Square in the heart of Cambridge, Massachusetts.

Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the portfolio presents immense value-add potential through the leaseup of vacant commercial space, the redevelopment to multifamily residential and condominium conversions, the potential for new ground-up residential construction, among other options and strategies.

The Cambridge Connection is situated in one of the most highly desirable metro areas in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities. Situated on Mellen Street, Sacramento Street, Massachusetts Avenue, and Somerville Avenue, all of the buildings are located within a 10-minute walk of a MBTA Red Line station, as well as Harvard and Lesley University.

Process & Pricing

The Cambridge Connection 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".

Investors are invited to submit bids for the Cambridge Connection as a single portfolio, sub-portfolios or individual properties.

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Cambridge Connection (10 properties, 0 acres)
7 Mellen St
   
7 Mellen Street
Cambridge, MA  02138
Posted: 10/20/2021

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale 75 East, a 5-story, a 44 unit, 66 bedroom apartment building overlooking Providence Harbor, located in the Fox Point neighborhood of Providence, Rhode Island. The 51,373 +/- square foot building was originally built in 1857 and has operated in multiple capacities over the years, ranging from an assisted living facility to an international educational academy. Today, the asset is operated as a student-oriented apartment building, catering to those attending the area’s numerous academic institutions, as well young professionals working in downtown Providence’s vibrant business district.

Furthermore, 75 East offers the potential for new ownership to significantly increase residential density at the property. Conversion of underutilized "dead spaces" including offices, classrooms, common areas, and potential renovation of the currently vacant 5th floor, will allow both unit and bed counts to increase dramatically. These spaces, which total over 8,000 square feet, are primed for residential conversion.

75 East 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 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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75 East
   
75 East Street
Providence, RI  02903
Posted: 8/31/2021
The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of the 286-unit 800 Tower City Club high rise apartment community located in Louisville, Jefferson County, KY. This asset is situated in Downtown Louisville, just 1 mile from the Louisville Medical District with over 25K jobs. Fronting I-65, 800 Tower City residents have access to Louisville’s main artery. With over $43M invested in the asset between 2015-2021, the property features luxury amenities and interior finishes. The property is the only high rise dedicated to multifamily in Kentucky and boasts breath taking views of Downtown Louisville. Built in 1974 and completely renovated, 800 Tower City Club represents an outstanding opportunity to invest in a turn-key asset in Downtown Louisville with upside remaining.
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800 Tower City Club
286 Units
800 S 4th Street
Louisville, KY  40203
Posted: 11/22/2021

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale 81 TURNPIKE RD, a 3.0-acre prime development site opportunity located in the highly desirable town of Ipswich, MA. Currently improved with 7,134 +/- square feet of restaurant/retail space, the property presents a variety of redevelopment opportunities, including apartments, condominiums, senior living, assisted living, hotel, industrial, retail, mixed use, and commercial development. Situated directly off Route 1 and less than five miles from the Ipswich Commuter Rail Station on the MBTA’s Newburyport/Rockport line, 81 Turnpike Rd offers an opportunity for an investor or developer to enter a highly sought-after suburban market.

TRANSIT ORIENTED LOCATION - 81 Turnpike Rd is located directly on Route 1 and is less than 4 miles from I-95, one of Greater New England’s major thoroughfares. Additionally, the site is approximately a 10-minute drive from the Ipswich Commuter Rail Station on the MBTA’s Newburyport/Rockport line, which offers just under an hour ride to Boston’s North Station.

EXCEPTIONAL DEMOGRAPHICS - 81 Turnpike Rd offers exceptional demographics with 40,000 people and 15,000 households within five (5) miles of the property boasting an average household income of $143,000 and a median housing value of $596,000.

81 Turnpike Road is offered on an "as-is, where-is" basis and without a formal asking price. Once qualified investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers" date.

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81 Turnpike
3 Acres
81 Turnpike Road
Ipswich, MA  01938
Type: Land
Posted: 5/17/2021

Cushman & Wakefield is pleased to present the opportunity to acquire the Cambridge Connection, an exceptional 10-building portfolio totaling 85,000 +/- GSF located between Harvard Square and Porter Square in the heart of Cambridge, Massachusetts.

Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the portfolio presents immense value-add potential through the leaseup of vacant commercial space, the redevelopment to multifamily residential and condominium conversions, the potential for new ground-up residential construction, among other options and strategies.

The Cambridge Connection is situated in one of the most highly desirable metro areas in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities. Situated on Mellen Street, Sacramento Street, Massachusetts Avenue, and Somerville Avenue, all of the buildings are located within a 10-minute walk of a MBTA Red Line station, as well as Harvard and Lesley University.

Process & Pricing

The Cambridge Connection 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".

Investors are invited to submit bids for the Cambridge Connection as a single portfolio, sub-portfolios or individual properties.

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Cambridge Connection (10 properties, 0 acres)
815 Somerville Ave
   
815 Somerville Avenue
Cambridge, MA  02138
Posted: 10/20/2021

The Property is being offered for sale in conjuntction with our partners at Ten-X

The Cushman Wakefield Baltimore Capital Markets Group is pleased to present the exclusive listing of 8157 Loch Raven Boulevard located in Towson, MD. The First Two Floors total 4,5000 square feet, while the top floor is approximately 2,000 square feet. The first and second floors are primarily medical and office suites, while the basement has a laboratory and medical device manufacturing capabilities. Prior to Maryland Orthotics and Prosthetics, the basement was subdivided into individual offices. The Property was last occupied by Maryland Prosthetics and Orthotics, and prior to their tenure, MONY Life Insurance Company of America. 8517 Loch Raven Boulevard is viable for several uses including office, medical office, and or even a dispensary. Within a 5-mile radius of the Property, the average household income is $102,221, 15 % higher than the Maryland Average, and 70% of residents in the same radius hold a greater than a high school level of education, 8% higher than the Maryland Average.

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8517 Loch Raven Boulevard
Offers Due:  Monday, March 14, 2022
   
8517 Loch Raven Boulevard
Towson, MD  21286
Posted: 3/31/2021

Cushman & Wakefield is pleased to present the opportunity to acquire the Cambridge Connection, an exceptional 10-building portfolio totaling 85,000 +/- GSF located between Harvard Square and Porter Square in the heart of Cambridge, Massachusetts.

Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the portfolio presents immense value-add potential through the leaseup of vacant commercial space, the redevelopment to multifamily residential and condominium conversions, the potential for new ground-up residential construction, among other options and strategies.

The Cambridge Connection is situated in one of the most highly desirable metro areas in the world with unmatched access to many of the nation’s top colleges and universities, technology and bio-tech employers and many of the region’s best shopping and dining amenities. Situated on Mellen Street, Sacramento Street, Massachusetts Avenue, and Somerville Avenue, all of the buildings are located within a 10-minute walk of a MBTA Red Line station, as well as Harvard and Lesley University.

Process & Pricing

The Cambridge Connection 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".

Investors are invited to submit bids for the Cambridge Connection as a single portfolio, sub-portfolios or individual properties.

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Cambridge Connection (10 properties, 0 acres)
9 Mellen Street
   
9 Mellen Street
Cambridge, MA  02138
Posted: 10/20/2021

Cushman & Wakefield is pleased to offer for sale the 100% fee simple interest in the buildings at 906 and 910 Grand Boulevard and the parking lot at 710 Walnut Street in downtown Kansas City, Missouri. 906 Grand, formerly known as the Rialto Building and the Ozark Building, was built in 1912 and is one of the last historic redevelopment opportunities available in the Central Business District.

The façade of 906 Grand features some of the finest stonework of any building in Kansas City and was extensively restored by the current ownership within the last decade at a cost of over $3 million. Many other modernization improvements have been made in recent years, including a second interior stairwell, new windows and life safety systems.

Downtown Kansas City is in the midst of an incredible renaissance, with a surging residential population and revitalized commercial and entertainment districts. The nearby Power & Light District and the new downtown streetcar line have spurred strong demand for new residential and hotel development in the area.

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906 Grand
   
906-910 Grand Boulevard
Kansas City, MO  64106
Posted: 6/5/2019

Purchase Individually or Portfolio

Admiral and Rotherwood can be purchased together as a portfolio creating some economies of scale. They are currently managed as part of a 9 property portfolio called “Indy Flats.” The properties may also be purchased individually.

Great Value-Add Opportunity

The interior unit finishes at both properties are largely classic. A new owner has the opportunity to add modern finishes and raise rents by $300-500 depending on the unit type. Additionally, there is an opportunity complete a historic tax credit or affordable tax credit rehab.

Across from Children’s Museum

The Indianapolis Children’s Museum is the world’s largest children’s museum with more than 1.3 million visitors per year. The Admiral is located directly across the street from the museum. Residents benefit from the museum’s employment and amenities.

IU Health Campus Expansion

IU Health is expanding its campus and will build a new $1.6B Hospital. The new campus is scheduled to open by 2026. The expansion will add many jobs to the near northside of downtown Indianapolis, only a few blocks away from Rotherwood.

Owned by Non-Profit - No Restrictions

Admiral & Rotherwood are currently owned by a local Indianapolis non-profit entity that has kept rents low. The property has been very well cared for and maintained, but minimal unit upgrades and no amenity enhancements have been completed. A new owner can raise rents immediately by bringing them up to market.

Developable Land Above Parking

The Admiral has a 37 space parking garage currently used by residents. A new owner has the opportunity to build additional units above the garage.

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Admiral & Rotherwood
109 Units
3025 N Meridian Street
Indianapolis, IN  46208
Posted: 8/11/2021
Cushman & Wakefield, as exclusive agent is pleased to present the opportunity to acquire Alexan 335, a rare suburban garden asset located in Plantation, Florida. The property is located off State Road 7, a short commute from all of Broward’s major employment centers. Developed by Trammell Crow Residential, Alexan 335 is finalizing its lease-up and is expected to receive final C.O. in September 2021.
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Under Contract
Alexan 335
248 Units
335 N State Road 7
Plantation, FL  33317
Posted: 9/7/2021

The Cushman & Wakefield Florida Multifamily Advisory Group is pleased to present Altamonte Terrace Apartments and Altamonte Springs Hotel & Suites, a 390-unit hybrid community located in the class "A" submarket of Altamonte Springs, Florida. (Orlando MSA)

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Altamonte Terrace and Altamonte Springs Hotel
390 Units
450 Douglas Avenue
Altamonte Springs, FL  32714
Type: Conventional
Posted: 9/12/2021