Property Listings

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".

Turnkey development opportunity on Miami's globally recognized Brickell submarket. The property has full entitlements enabling a developer to immediately commence development of the landmark project that will redefine the Brickelly skyline. 1-Southside Park enjoys incredible walkability, is adjacent to mass transit and the project incorporates a 2+ acre public park.

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire the 42 North Portfolio, a 4-building boutique urban portfolio located in Charlestown and Somerville, Massachusetts.Totaling 15 units, this portfolio is strategically located in two of Boston’s most desirable neighborhoods, both offering enviable access to major employers, retail and transportation.

The 42 North Portfolio consists of four properties that have been fully renovated, with three of the four 100% leased. The renovations ranged from updating kitchens and bathrooms to full gut renovations of several units. Ideally located along several bus lines and within walking distance of the MBTA’s Orange and Green lines, these properties are perfect for residents looking for more space with access to employment opportunities in downtown Boston and Cambridge.

The properties in the 42 North Portfolio are situated in two 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.

Process & Pricing

The properties 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 due diligence materials via the Cushman & Wakefield website. Once investors have had an opportunity to review the offering materials and tour the properties, Cushman & Wakefield will schedule a "Call for Offers".

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.

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.

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.

Cushman & Wakefield's Multifamily Advisory Group is pleased to offer for sale 130 West Street, a transit-oriented 40B multifamily development opportunity located in Walpole, Massachusetts. The site is ideally located a short walk from Walpole center, offering a variety of quality dining, drinking, entertainment, and everyday amenities. The location is unbeatable for commuting to the millions of square feet of office and lab space throughout I-95/Route 128, as well as just a five-minute walk to the Walpole Commuter Rail Station, which provides access to the downtown Boston in 40 minutes. The town has outstanding demand metrics for luxury rental housing from families looking to establish roots in the area for its top-tier school system and the large population of empty nesters who prefer to remain in town but are looking to downsize from their homes and enjoy a maintenance-free lifestyle. The town of Walpole is currently under the state’s 10% affordable inventory requirement allowing the incoming owner to pursue multifamily development through Chapter 40B legislation.

Pricing & Process

130 West 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 C&W website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers".

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."

Mast Capital, Rockpoint and Cushman & Wakefield are pleased to offer this opportunity to invest joint venture equity in 1401 Towers at Brickell - a two tower, high-rise multifamily development in the prestigious Brickell neighborhood of Miami, FL. The towers are a part of a broader development of the block that will include Cipriani Residences - an ultra-luxury condominium project with unit prices starting at $1.4 million (not included in the offering).

The 51-story and 60-story towers are fully approved for 856 luxury rental apartments. The buildings are designed to compete at the top of the Brickell and Greater Downtown Miami submarkets. Superior building finishes, amenities, views, and walkability, combined with their Brickell address, will provide these towers a significant competitive advantage and sustained long term demand. Construction drawings are 90% complete and ground breaking is anticipated to occur in August 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. .

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.

Cushman & Wakefield has been exclusively engaged to arrange the sale of 1510 W Hillsborough Avenue (the "Property"), a 2.83- acre multifamily development site located in Tampa, Florida just north of the Tampa CBD and ten minutes east of Tampa International Airport.

The Property is along W Hillsborough Ave (50,500 AADT) providing direct access to Downtown Tampa via N Highland Ave/N Tampa St as well as I-275. Both the Downtown Tampa and Westshore office markets are within 15 minutes of the Property and are home to a combined 31 m.s.f. of office space and more than 140,000 jobs. The submarkets include the offices of several notable employers such as Frontier Communications, TECO, Bank of America, and Pfizer.

1510 W Hillsborough Ave is within five minutes from three major medical centers: St. Joseph’s Hospital (1,380 beds), Kindred Hospital (102 beds), and AdventHealth Carrollwood (103 beds). Additionally, there is more than 9.5 m.s.f. of a wide range of retail and restaurants within five miles of the Property.

Cushman & Wakefield has been exclusively engaged to arrange the sale of the Owner’s 100 percent fee simple interest in 1625 First Ave North (the "Property"), a fully entitled, 0.73- acre multifamily development site located in St Petersburg, Florida.

The approved site plan consists of a four-story garage podium, with a 15-story, 224-unit residential tower above. The ground floor includes a residential lobby accessed from 1st Street North, a health & fitness center, short-term parking and drop-off area, and support space. The approved garage plan includes storage lockers, and 253 spaces, which includes 11 first-floor spaces.

Situated in Downtown St. Petersburg, one of Florida’s most sought after multifamily investment markets and opportunity zones, the Property will offer residents convenient access to robust institutional employment anchors and all the attractions that make St. Petersburg Florida’s premier lifestyle destination.

Cushman & Wakefield’s Multifamily Advisory Group has been retained to arrange the sale or joint venture development of the RESIDENCES AT READVILLE STATION, a fully permitted and approved 273-unit transit-oriented development opportunity located minutes from downtown Boston. Situated on 2.75 acres, the project has been approved for 122 luxury apartments and 151 condominium homes in two buildings comprised of five wood-frame residential floors over a 2 level above ground podium. The Residences at Readville Station will include 195 parking spaces (expandable to 300 spaces) as well as public retail/restaurant space, outdoor courtyards with extensive landscaping and seating areas, patios, decks and community amenities.

The property is strategically located at the Readville MBTA Commuter Rail station, allowing for an easy commute into Boston’s Back Bay and South Station, and is just 3 miles from I-93 and I-95/Rt-128 providing convenient access to the suburban employment hubs. With excellent proximity to jobs in Boston and the surrounding suburbs, plus a host of shopping, dining, and entertainment amenities nearby, the property offers an exceptional opportunity to build transit-oriented housing in one of Boston’s best residential neighborhoods.

Pricing and Process

The Residences at Readville Station is offered for sale or joint venture 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 with advanced notice.

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.

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".

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 2150 Park, 20 fully renovated residences located at 2150 Park Avenue in the heart of South Beach. The property is currently operating as a Short-Term Rental facility with a hotel license in place under the Jurny Brand. The management agreement has the option to be terminated upon a potential sale of the property. It has been performing exceedingly well in the post-pandemic era with ADR levels surpassing $240 and occupancy levels hitting higher than 90%.

The property allows for multiple investment strategies including hotel, apartments, short-term rentals, condo-conversion and condo-hotel. The property was recently completely “gutted” with just the building frame remaining. All “behind the scenes” elements including electrical, plumbing, roofing etc. were replaced. Renovations also featured tile flooring throughout the rooms, upgraded kitchens with stainless steel appliances and modern cabinets, subway tile throughout the bathroom and the shower, new vanities and fixtures as well as modern furniture and light fixtures. With STR being very limited throughout Miami Beach, this truly is a stabilized turnkey, high-end boutique residence that does not exist near the Convention Center.

The property provides furnished units averaging 443 square feet, all 1BR/1BA units. 2150 Park is located only footsteps from the Miami Beach Convention Center, the Bass Museum of Art and the world-renowned Lincoln Road. The property is steps away from some of South Beach’s most iconic resorts including The Loews, The Setai, The Shore Club, The Delano, The W and Faena Miami Beach.

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 2207 North, a 130-unit apartment community just North of downtown Greenville. The property is situated in one of the most sought-after submarkets, North Greenville, characterized by high average household incomes ($85k+), a majority white collar workforce (63%) and top education (A Ranking district). 2207 North’s convenient location provides access to major Upstate thoroughfares, affording residents access to 4/5 largest employers in Greenville and over 73k jobs within 15-minutes. The immediate around is filled with high-end retail including the Haywood Mall, Publix, Whole Foods and the Woodruff Shopping Center with Target, Trader Joes and Starbucks. Arriving to market with a proven value-add campaign achieving premiums of $125, new ownership is poised to continue the successful in-place program to further bridge the rental gap between market comparables.