Property Listings

Cushman & Wakefield is offering for sale this +/-0.87 acre parcel, uniquely located with excellent visibility. The site, family owned and occuped for more than 40 years, offers a rare development opportunity. Located contiguous to a 1.09 acre City of Davis owned excess land parcel, the site presents an opportunity to collaborate with the City of Davis to create a landmark project. The City's site, cleared of the Surplus Lands Act in 2023, is zoned High Density Mixed Use.

The Cushman & Wakefield Ohio Multifamily Advisory Group is pleased to present the exclusive listing of the Mill Road Development Site, a ~70-acre land site located in Cincinnati, Ohio. This prime piece of real estate offers a unique opportunity for new owners to capitalize on and expand into the Cincinnati market. Located within a Qualified Census Tract (QCT), new owners can take advantage of various tax credits designed to stimulate development and revitalization in underserved areas. These tax credits can significantly reduce development costs, making Mill Road Development an even more attractive investment proposition. The property also benefits from a comprehensive development plan commissioned by the current ownership. This plan outlines a vision for the site, including a mix of assisted living and senior townhomes. This pre-existing strategy eliminates the substantial time and cost often associated with initial planning and zoning approvals, allowing new owners to accelerate the development timeline and potentially expedite their return on investment. The Mill Road Development Site presents an exceptional opportunity for new owners seeking to capitalize on the advantages of the site being located in a QCT while benefiting from a well-planned and strategically located development site.

In addition to the aforementioned development space, the site also features a 73-unit low income senior apartment building marketed simultaneously but available independently. This property, known as Mill Road Senior Community, consists of one- and twobedroom units with a history of stable occupancy and presents a compelling valueadd opportunity. Mill Road Senior Community benefits from a convenient location near essential amenities, including healthcare facilities, shopping centers, and public transportation, ensuring residents have easy access to daily necessities and services. New owners purchasing both properties are able to access immediate cash flow opportunities while pursuing the development of the remaining acreage.

The Cushman & Wakefield Florida Multifamily Group is pleased to present 1100 Apex, a 134-unit multifamily community located in downtown Clearwater, Florida (Tampa Bay MSA). The property is a rare high-rise tower that was converted from an office building and transformed in 2019 into downtown Clearwater’s premier luxury residential tower with structured parking and 3,500 SF in ground floor retail. The community is situated in downtown Clearwater, with over 8,000 jobs in the vicinity as well as ideally located nearby numerous retail. restaurants, shops and within biking distance to award-winning Clearwater Beach.

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire both the Gordon-Conwell Campus, a generational development or user opportunity spanning 102 acres and 202,952 SF of existing educational campus facilities and/or The Residences at Hamilton, a 209-unit, 1980’s vintage, garden style apartment complex, spanning 6 buildings, located in Hamilton, Massachusetts.

The property has been the home of Gordon-Conwell Theological Seminary for nearly half a century. The full offering spans 102 acres in one of Massachusetts most prominent towns.

The Gordon-Conwell Campus, offers developers, investors, and institutions, countless opportunities to enter what has historically been considered an impenetrable submarket. The site presents a multitude of redevelopment options ranging from commercial, to ultra-high-end residential development, to continued and enhanced educational and institutional use, among many others.

The Residences at Hamilton features six (6), 3-story garden-style apartment buildings totaling 209 units and approximately 194,391 rentable square feet. The buildings, built between 1976 and 1988, sit on approximately 102 acres in an idyllic residential New England setting and offer residents ample parking. Institutionally owned and operated since their original development, the buildings have historically been rented as quasi dormitories by students of the institution, but maintain traditional apartment floor plans, consisting of spacious studio, one (1), two (2) and three (3) bed layouts. The offering presents the opportunity for a new ownership group to operate the buildings as traditional apartments in one of Massachusetts’ highest barriers to entry towns, where virtually no competitive apartment properties exist today.

Pricing & Process

The Gordon-Conwell Campus and The Residences at Hamilton are offered 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 Gordon-Conwell Campus and The Residences at Hamilton as a single portfolio or as individual properties.

Conveniently Located Within Walking Distance to Top Retailers and Iconic Chicago Attractions

• Prime location: minutes from renowned Chicago attractions such as Grant Park, Soldier Field, the Museum Campus, and the Lakefront
• Convenient Living: Walking distance to national brands Target, Walgreens, Trader Joe's, Dunkin', Pure Barre, and Orangetheory
• Commuter Friendly: 5-minute walk to Roosevelt Station, providing access to multiple CTA lines running through the Loop

South Loop Presents the Greatest Opportunity for Rent Growth in Chicago, a Market with Nation Leading Fundamentals

• Since 2015, rents in the South Loop have grown a cumulative 34% (Second highest of any Chicago CBD submarket)

Denominator Effect

• South Loop rents currently average $284 below other downtown Chicago submarkets
• The gap between South Loop rents and those other submarkets has decreased 18% in the last ten years. The tightening of that spread is largely due to the denominator effect
• As rents in the South Loop are starting at a lower monthly rent (lower denominator), there presents more opportunity for outsized rent growth
• Assets renting at $4.15 psf would require an increase of $0.20 per sf to achieve 5% rent growth, compared to 1400 S Wabash at $3.15 psf only needing $0.15 per sf to achieve the same rent growth (32% difference)
• Multifamily supply in Chicago is set to drop 31% in the next four years compared to the 10-year historical average – with South Loop supply down a dramatic 49%

Attainable Luxury Housing Attracting Young Urban Renters

Robust Submarket with High Earning Tenant Base

• Median household income of $125,521 within 0.5 miles, with 50.3% of households being renter occupied
• 63.4% of households earning over $100,000
• High earning population projected to outpace new inventory within 0.5mi - 18% growth compared to 3% Class A inventory expansion

Strong operation performance demonstrated by attractive positioning in submarket

• Renewals and trade outs averaged 3.28% over the last year, with renewals driving the increase at 5.4% upon renewal
• Proven ability to increase income, demonstrated by 12% increase in net rental income and 13% increase in NOI from January to December

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. .

The Cushman & Wakefield Sunbelt Multifamily Advisory Group is pleased to present the exclusive listing of 150 Summit, a 640-unit, 1994/1997-built apartment community located in the premier Hwy 280 corridor of the Birmingham MSA. 150 Summit is situated at the suburban epicenter of Birmingham, a sought-after location near The Summit, US-280, and the state’s top ranked suburbs. The Summit serves as Birmingham’s premier retail destination with over 1 million square feet of upscale shops and dining, and this location offers market-best connectivity to Downtown, Hoover, and US-280.

Additionally, the community’s adjacent submarkets of Cahaba Heights and Vestavia Hills have seen impressive growth, with 33%+ rent growth over the last 5 years. Further driving demand is the high barriers to entry due to local government’s restrictions on multifamily. With $5M+ in renovations in the past decade, including new roofs in 2018, 150 Summit is primed for long-term value and sustained performance.

Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present 180 Fawcett Street, a 33,432 square foot development site located in the Alewife “Quad” neighborhood of Cambridge, Massachusetts. The property is currently improved with a 22,832 square foot, 1-2 story vacant industrial building. Existing zoning allows for a floor area ratio (FAR) of 4.0 (or more with special permit) and building height of up to 12 stories (or 145’) with a special permit from the Planning Board. The property is squarely in the path of progress and offers the potential for large scale multifamily residential development in a nascent Cambridge submarket that is in the early stages of transforming into a vibrant, mixed use neighborhood.

Process & Pricing

180 Fawcett 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 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”.

Excellent Micro Location on Ravenswood’s Most Vibrant Corner

• Steps from national and local retailers such as LA Fitness, Starbucks, and Mariano’s (grocery)
• Immediate walk to Ravenswood Metra stop and Damen Brown Line, providing commuters with downtown access within 20 minutes
• 100% occupied retail at the property, including DeVry University and Club Pilates

Appealing to Affluent Young Professionals & Families Seeking Spacious Living and Urban Convenience

• Caters to renters seeking spacious living who are priced out of homeownership – Average household income within 0.5 miles is $141K, while average home values are $620K, making homeownership unattainable for most
• Ideal floorplans for tenants seeking more space without compromising on budget – Rent at comparable properties and unit sizes in Lincoln Park/Lakeview is 27% higher per month, making Ravenswood an ideal location for tenants seeking spacious layouts and urban convenience at a lower cost
• Most desirable option in the area – 1900 W Lawrence offers the largest floorplans in the competitive set, averaging 26% larger than nearby properties. Lofty layouts are also available, providing unique, spacious living options at a discount

Supply/Demand Imbalance: Growth in High-Income Renter Households Vastly Outpacing Supply

• Stagnant supply with double-digit growth in high earners – No new units are planned within a half-mile radius through 2029, while the population of renters earning over $100K is expected to grow by 12.2%
• Shortage of new product – By 2029, total inventory built after 2015 will only accommodate 18% of renters earning $100K+

Favorable North Lakefront Neighborhood with Robust Fundamentals

• Located in the North Lakefront multifamily submarket – While this is the largest submarket on Chicago’s Northside, as of Q1 2025, only 320 units are under construction
• Robust fundamentals – The submarket consistently demonstrates strong demand fundamentals, with a vacancy rate of 4.2%, which is 200 basis points below pre-pandemic levels, and rent growth 40 basis points above the Chicago market average of 3.1%

Cushman & Wakefield’s Multifamily Advisory Group, in collaboration with Ten-X is pleased to present the opportunity to acquire 21 Peace Street, an unprecedented redevelopment opportunity located in Providence, Rhode Island. Bound by Plenty Street to the North, Elmwood Avenue to the West, Peace Street to the South and Broad Street to the East, the site encompasses approximately 3.3 acres of redevelopment potential, spanning 276,767 +/- square feet within the existing structure.

21 Peace Street offers investors and developers a rarely available a critical mass redevelopment site in one of Providence’s most sought-after neighborhoods. As the third largest city in New England, Providence is known as an epicenter of higher education, with eight college and university campuses located in the city, attracting tens of thousands of undergraduate and postgraduate students to the area each academic year.

21 Peace Street, affixed with favorable zoning will offer new ownership several different potential end uses for the redeveloped asset. “By-Right” zoning allows for Multifamily, Educational, Healthcare, Office, Medical, and Research uses.

The longtime home of St. Joe’s Hospital, for over a century, the existing “shell” presents an ideal opportunity for developers in search of a substantial property with the critical mass and the physical specifications to pursue several different potential redevelopment paths.

Process & Pricing

21 Peace Street 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 www.Ten-X.com to sign the confidentiality agreement, download the due diligence materials, and register for the auction. The live online auction will commence on January 27th and will conclude on January 29th, 2025.

Ten-X Link: https://www.ten-x.com/listing/21-peace-st-providence-ri-02907/33883729/

The Cushman & Wakefield Ohio Multifamily Advisory Group is pleased to present the exclusive listing of the 224 West Liberty Street property, a prime redevelopment opportunity located in the heart of Cincinnati’s vibrant Over-the-Rhine (OTR) neighborhood. This offering presents a unique chance to acquire a strategically positioned asset in one of the city’s most sought-after districts, renowned for its historic charm, thriving arts and entertainment scene, and strong sense of community. The property benefits from its exceptional walkability to a diverse array of retail, dining, and cultural attractions, including Findlay Market, Washington Park, and Music Hall. With an existing structure ripe for adaptive reuse, 224 West Liberty Street offers multiple redevelopment options for investors seeking to capitalize on the strong demand for residential and commercial space in this dynamic and growing neighborhood. This is an ideal opportunity for those looking to create a landmark project that contributes to the ongoing revitalization of OTR while benefiting from its strong economic fundamentals and unique urban character.

Cushman & Wakefield and Greystone are pleased to present for sale 225 General Edwards Highway, a prime development site opportunity located in Sharon, Massachusetts. The property is comprised of 30 +/- acres of land along Route 1 in the northwesterly section of Sharon, bordering the towns of Walpole and Foxboro.

The Property provides unmatched access to nearby retail amenities in Walpole and Foxboro. To the north in Walpole, there is assorted retail including the Big Y Plaza, Applebee’s, Dunkin’ Donuts, Fairfield Inn & Suites and Walmart. Less than three miles away from the Property is Foxboro’s Patriot Place which features a wide variety of retail and dining amenities surrounding Gillette Stadium. This includes Bar Louie, CBS Sporting Club, Wormtown Brewery, Top Golf, Showcase Cinema, Christmas Tree Shops, Bed Bath & Beyond, Trader Joe’s and Vineyard Vines.

225 General Edwards Highway is available on an “as-is” basis and is being offered without a formal asking price. RFPs must be submitted by October 14, 2022.

For additional information and to submit a bid, please visit: https://mbtarealty.com/bid-docs/?_sm_nck=1

Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present the opportunity to acquire 25 West Street, an approximately 25,418 square-foot, 5-story building, located in the heart of downtown Boston.

Situated steps from the iconic Boston Common, 25 West Street is ideally located in Boston’s vibrant Downtown Crossing neighborhood, which is surrounded by, and in walking distance to, the Financial District, the Theater District, the Seaport, Beacon Hill, Back Bay, Newbury Street, and the Boston Public Garden. The area is home to many daytime & evening tourist attractions, amenities, employers, colleges, and open green spaces. With a Walking Score of 98/100, and multiple transit T stations (Orange, Green, Red) just a few feet from the building, its location is unrivaled.

25 West Street is currently configured as a mixed-use commercial building with ground floor retail and office space above, however, the asset is primed for multifamily repositioning. The building is currently vacant, allowing investors immediate access to redevelop the property. Furthermore, the property offers additional available “as of right” FAR, which could allow additional square footage to be added above the current top floor of the asset.

Pricing & Process

25 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, 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”.

The Cushman & Wakefield Ohio Multifamily Advisory Group is proud to offer the opportunity to acquire 318 W 3rd Street. This 34,000 SF property is a prime redevelopment candidate to take advantage of the ongoing momentum in Downtown Cincinnati. By pursuing an adaptive re-use plan, including the ability to convert a portion of the building into multi-family or hospitality, the opportunity affords an investor the ability to reposition the property to its highest and best use.

Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present the opportunity to acquire 354 E Street, a fully approved, residential redevelopment opportunity located in one of the most highly regarded residential submarkets in the Northeast - at the intersection of the Seaport District and South Boston.

The redevelopment calls for the conversion of the former Saint Vincent DePaul Church into 35 units of highly demanded housing, either via apartments or condominiums. The redeveloped building will span approximately 50,000 GSF +/- while maintaining the majority of the existing historical structure and architectural characteristics of the Italianate-style church building. The redevelopment, which was approved by the Boston Planning and Development Agency in June of 2022 will feature an attractive mix of thirty-five (35) 1-bed and 2-bed units.

Upon completion, 354 E Street will offer future residents unparalleled access to a dynamic mix of amenities, retail and transit options scattered throughout South Boston and the Seaport. Furthermore, the project is poised to benefit greatly from several upcoming large scale developments in the immediate area. A significant pipeline 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 neighborhood.

Pricing & Process

354 E 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 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”.

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 37-41 Wendell Street, a generational, 33 unit value add apartment building located adjacent to Harvard Square, in the heart of Cambridge, Massachusetts. Built in 1930 and spanning more than 30,050 +/- square feet, the property presents immense value-add potential via common area and in-unit upgrades. The property boasts an attractive mix of one and two-bedroom units as well as six (6) surface parking spaces in the rear of the property.

37-41 Wendell Street is situated in one of the most esteemed locales 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 treelined Wendell Street, the property is within a 10-minute walk of multiple MBTA Redline Stations, as well as an abundance of live-work-play amenities scattered throughout Cambridge and Somerville.

Process & Pricing

37-41 Wendell Street 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”.