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360 State
500 Units
360 State Street
New Haven, CT  06511
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37-43 Temple Place
16 Units
37-43 Temple Place
Boston, MA  02108

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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375 Cummins Highway
   
375 Cummins Highway
Boston, MA  02131
Type:  Land

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 400 Mystic Avenue, a newly constructed thirty (30) unit, mixed use apartment community located in Somerville, Massachusetts. The boutique luxury asset is comprised of twenty-seven (27) residential apartment units and three (3) ground floor retail commercial spaces. The apartments are currently 95% occupied and the commercial spaces, which span between 932-1,128 SF respectively, are all either fully leased or committed.

400 Mystic Avenue 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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400 Mystic
30 Units
400 Mystic Avenue
Somerville, MA  02145

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
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44 Soldiers Field Place
102 Units
44-46 Soldiers Field Place
Boston, MA  02135

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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45 Merrimack
   
45 Merrimack Street
Lowell, MA  01852

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to redevelop 465 Congress Street, the Fidelity Trust Building, in downtown Portland, Maine. The property – fully approved for sixty-three (63) luxury apartment units - is offered for sale or joint venture development with the existing ownership. Dating back to 1910, the building is a registered Portland historic landmark and was the city’s first “skyscraper.” Overlooking Monument Square in the heart of the downtown, and across Preble Street from the Time and Temperature Building, this offering is a truly rare opportunity to reposition a landmark building and create a legacy asset.

465 Congress Street is a ten-story building comprised of ±84,180 square feet on ±0.447 acres. The ownership has received approvals for the redevelopment of the 2nd through 10th floors (former office space) into sixty-three (63) apartment units. Most of the floors are already in “white box” condition with upgraded building systems in-place. The property is poised for construction to start, and the incoming developer can leverage both the Opportunity Zone and Historic Tax Credit programs to enhance project returns.

Process & Pricing

465 Congress 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 memorandum and access to due diligence materials via the C&W website. Once investors have had an opportunity to review the offering materials and tour the property, C&W will schedule a “Call for Offers”.

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465 Congress Street
63 Units
465 Congress Street
Portland, ME  04101

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire 571 E First Street, a 2.0-acre infill industrial property offering tremendous value-add and large-scale multi-family development potential located just steps from the Seaport and minutes from downtown Boston. The property is currently improved with a single story industrial building, totaling approximately 41,000 square feet, leased short term to Greyhound Lines, Inc. Situated between Boston’s two most dynamic and desirable neighborhoods, the Seaport District and South Boston, 571 E First Street is surrounded by transformative development and offers investors a very attractive "covered-land-play" with in place cash flow and tremendous development potential.

Pricing & Process

The property 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 due diligence materials via the Cushman & Wakefield 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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571 East 1st
   
571 East 1st Street
Boston, MA  02127

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 6 Sacramento Street, a residential building totaling 15,696 +/- GSF located in the Harvard Square area, in the heart of Cambridge, Massachusetts. Institutionally owned and maintained, and offered unencumbered by long-term lease commitments, the property presents immense value-add potential through the potential redevelopment to multifamily residential and condominium conversions, and the potential for new ground-up residential construction, among other options and strategies.

6 Sacramento Street is situated in one of the most esteemed locations in the world with unmatched access to many of the nation’s top colleges and, technology and bio-tech employers and many of the region’s best shopping and dining amenities. Situated on Sacramento Street, the property is within a 10 minute walk of a MBTA Redline station, as well as Harvard and Lesley University.

Process & Pricing

6 Sacramento Street available on an “as-is, where-is” basis and is being offered without a formal asking price. Property due diligence materials are available to qualified buyers upon execution of a confidentiality agreement. Tour dates will be made known to registered buyers prior to the auction deadline. Please visit www.Ten-X.com to sign the confidentiality agreement, download the due diligence materials and register for the auction. The live, online auction shall commence on December 11th and conclude on December 13th, 2023.

To register for the auction and view due diligence materials, please visit: https://www.ten-x.com/listing/6-sacramento-st-cambridge-ma-02138/29784146/

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6 Sacramento St
   
6 Sacramento Street
Cambridge, MA  02138

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 (9 properties, 0 acres)
7 Mellen St
   
7 Mellen Street
Cambridge, MA  02138

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
71 Units
75 East Street
Providence, RI  02903
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757 Salisbury Street
123 Units
757 Salisbury Street
Worcester, MA  01609
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780 Morrissey Boulevard
219 Units
780 Morrissey Boulevard
Dorchester, MA  02122
Type:  Multifamily

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 805 Washington Street, a boutique 4-unit, 100% market rate apartment building located in Brookline, Massachusetts. The property is situated between Beacon Street, Brookline and Commonwealth Avenue, Boston, two of the most highly regarded throughfares in Eastern Massachusetts. Brookline, an affluent highly sought-after town bordering Boston to the West, boasts one of the best school systems in the country. The property is located just steps from the multiple MBTA Green Line Stations, and the location offers residents immediate access to the area’s major employers, academic institutions, shops, dining, and entertainment destinations.

The 1900’s-built, row house building features four units as well as four deeded parking spaces, located in the rear of the property along Bartlett Crescent. The units consist of three (3) oversized, 3 bed / 1 bath floors plans and one 1 bed / 1 bath garden style unit, with a private entrance in the rear of the property. All the apartment units offer large floor plans with oversized bedrooms, high ceilings, hardwood floors, large closets, and abundant natural light. There is a distinct opportunity to upgrade the unit interiors, including kitchens, bathrooms, flooring, lighting, and appliances, as well as the potential to add additional bathrooms With these upgrades, the buyer would elevate the competitive profile of the asset in the market and these renovated luxury units would command significantly higher rents. Alternatively, the asset also presents a phenomenal opportunity for a potential condominium conversion in one of the highest barrier to entry residential ownership markets in the region.

Process & Pricing

805 Washington 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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805 Washington Street
4 Units
805 Washington Street
Brookline, MA  02446

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 (9 properties, 0 acres)
815 Somerville Ave
   
815 Somerville Avenue
Cambridge, MA  02138

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to offer for sale 88 NOWA (the "Property"), a fully approved 14-story, 68 key hotel development project ideally located in Boston’s West End Neighborhood.

Located at 88-86 N Washington Street, the Property consists of a ±2,190 SF (±0.05 Acre) parcel currently improved with a vacant, one-story, ±243 SF masonry building. The site is well positioned within Boston’s West End, a diverse and vibrant neighborhood known for its bustling business community and being home to some of Boston’s most prominent institutions, including Massachusetts General Hospital and the TD Garden. The West End is an amenity rich submarket surrounded by a surplus of restaurants, bars, markets, and parks, as well as a deep employer base.

88 NOWA is only a minutes’ walk from The Hub on Causeway, a transformative transit-oriented development on the site of the former Boston Garden, and is within walking distance of The Boston Public Market and the historic North End neighborhood. In addition, the Property is conveniently located approximately 0.1 mile away from I-93 and Route 1, two of the area’s major thoroughfares, providing transit throughout the Greater Boston area.

For additional information please visit our Ten-x website: https://www.ten-x.com/commercial/listing/88---86-north-washington-street-boston-ma-02114/1000014247

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88 North Washington
   
88 North Washington
Boston, MA
Type:  Land

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 (9 properties, 0 acres)
9 Mellen Street
   
9 Mellen Street
Cambridge, MA  02138

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale Carver Landing, a newly constructed, 34-unit townhome community in Plymouth, Massachusetts. The property is located at 32-98 Paul Francis Way and features luxury townhouses with private yards and separate entrances. Each unit is enhanced with stainless steel appliances, luxury plank flooring and quartz counters as well as in-unit laundry.

Investment Highlights

New Construction Featuring Large Townhomes- Carver Landing features thirty-four luxury townhomes with separate entry and yards. In the post-COVID-19 world, many tenants are seeking this style of living communities. Private yards allow residents to entertain and enjoy their own space outdoors during a time that people are working and spending more time at home. These townhomes provide the amenities of a house with the ease of renting.

100% Leased-Prior to certificate of occupancy, all thirty-four of Carver Landing’s townhomes were leased. There is currently a waiting list at an effective rent of $2,250 with no concessions offered. Carver Landing’s luxury living experience is in high demand as more people are seeking larger, private spaces with quality amenities.

Historical New England Town- Known as "America’s Hometown", Plymouth, MA is a quintessential New England town with its historical architecture and expansive ocean views. Residents of Carver Landing are located less than 5.0 miles from the ocean and are just 3.0 miles from Plymouth’s town center, which is home to numerous museums, shops, pubs, fine restaurants, and entertainment. Additionally, Carver Landing is only a five-minute drive off Route-3 (exit 5) providing residents easy access to Boston, Cape Cod, and everything in-between.

Execeptional Demographics & Strong Fundamentals- Plymouth and the area surrounding the property benefit from strong underlying demographics, including an average household income of $134,500 and median home value of $406,500 within one mile of the Property. In addition, according to Axiometrics, Inc., the Plymouth County submarket has experienced strong rent growth at an average of +4.5% annually over the last five years. Looking forward, rents throughout the submarket are expected to continue to grow at an average of +3.6% annually over the next five years.

Carver Landing 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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Carver Landing
34 Units
32-98 Paul Francis Way
Plymouth, MA  02360
Sold
Celeste Apartments
60 Units
965-983 Fellsway
Medford, MA  02155
Sold
Forest Ridge
90 Units
6 Mary Anna Drive
Fitchburg, MA  01420
Type:  Multifamily

Cushman & Wakefield’s Multifamily Advisory Group, in collaboration with Ten-X, is pleased to present the opportunity to acquire the Franklin Woods Apartments, a 36-unit, garden style, project-based section-8 apartment community located at 11 Plains Court in Franklin, New Hampshire.

Situated along Daniel Webster Drive, just off Route 11, the property encompasses 3.5 acres and features three, twelve-unit apartment buildings. Currently 92% + leased, the residences include a mix of one and two-bedroom units. Additionally, the property offers ample parking as well as a management office and maintenance repair workshop.

Process & Pricing

Franklin Woods is available on an "as-is, where-is" basis and is being offered without a formal asking price. Property due diligence materials are available to qualified buyers upon execution of a confidentiality agreement. Tour dates will be made known to registered buyers prior to the auction deadline.

Please visit https://www.ten-x.com/listing/11-plains-ct-franklin-nh-03235/27743365/ to sign the confidentiality agreement, download the due diligence materials and register for the auction.

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Franklin Woods
36 Units
11 Plains Court
Franklin, NH  03235
Sold
Greater Worcester Portfolio
   
2 Townhouse Court
Spencer, MA  01562
Sold
Greenwood Commons
72 Units
328 Greenwood Street
Worcester, MA  01607