Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire both 1826 & 1840 Massachusetts Avenue, two prime development parcels, totaling more than 25,000+ of land area. The parcels, which are separated by Mt. Vernon Street, are located in the heart of Cambridge, Massachusetts, and provide more than 300 ft of highly visible prime frontage along Massachusetts Avenue. 1826 & 1840 Massachusetts Avenue are ideally positioned directly across the street of the MBTA Redline - Porter Square Station.
The parcels are situated in one of the most highly desirable metro areas in the nation with unmatched access to many of the world’s top colleges and universities, technology, and bio-technology employers and many of the region’s premier shopping and dining amenities.
The prime transit-oriented location provides immediate rapid transit access to the areas renowned medical, academic, and healthcare institutions in under 10 minutes, such as Harvard University, Massachusetts Institute of Technology, Kendall Square, and Massachusetts General Hospital, all of which have dedicated Stations along the Red Line route.
Currently utilized as surface parking, the lots will be delivered free and clear of any encumbrances or lease obligations. These parcels present an extremely rare opportunity for significant new development an extremely high barrier to entry market.
Process & Pricing
1826 & 1840 Massachusetts Avenue are 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 both properties as a portfolio or on individual parcels.
...