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.
Ipswich, MA 01938
Cushman & Wakefield Multi-Family Advisory Group is pleased to present the opportunity to acquire the PRINT LOFTS a recently constructed, transit-oriented 40-unit apartment community located in downtown Norwood, Massachusetts. The property is steps from the Norwood Central MBTA commuter rail station - offering residents an unmatched commuter location to Boston. The property is strategically located in Norwood’s bustling downtown area, offering residents a vibrant walkable environment replete with cafes, restaurants, shops and entertainment at its front door. Formerly an industrial warehouse building, the charming brick and timber building, originally constructed in 1911, recently underwent a transformative rehabilitation and conversion to multi-family. The boutique apartment community features forty (40) high-end rental units that offer a unique living experience in a true transit-oriented New England town center location.
Print Lofts 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 (containing property data and financial information) and access to due diligence materials. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers".
Norwood, MA 02062
Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale Rising Sun Mills, a unique opportunity to acquire a brick and beam apartment community strategically located in the heart of Providence, Rhode Island. The four-story brick mill building, which consists of 135 loft-style market-rate units and 30,000 +/- SF of commercial space, is situated on Providence’s West Side at the intersection of the rapidly transforming neighborhoods of Federal Hill, Broadway and the Armory District. The property was converted from its former industrial use in 2005 and is surrounded by a rich array of bars & restaurants, shopping, employers, and green space.
UNIQUE APARTMENT COMMUNITY - Rising Sun Mills offers unmatched appeal and outstanding amenities in an ideal central location, just 10 minutes west of downtown Providence. Converted into loft-style apartment homes in 2005, the 100% market rate Property offers unique layouts and spacious floor plans with units averaging 867 square feet. These apartments have been renovated with modern fixtures and high-efficient appliances while maintaining the original charm of the old mill through wood beam architecture, brick accents, and original hardwood floors. Additional unit features include in-unit laundry, central heat & A/C, oversized windows, and generous ceiling heights. The building also offers a 24/7 fitness center, private courtyard with grill, community room, communal library, billiards & game room, modern event space, coworking spaces, and various picnic spots along the Woonasquatucket River.
VALUE ADD OPPORTUNITY - The Property has undergone renovations to update the residential units with 73 of 135 units renovated to date. The unit renovations have included new granite kitchen and bathroom countertops, updated stainless steel appliances, and new washer & dryer units. The renovations thus far have increased the average monthly rent per unit by approximately $175.
Rising Sun Mills 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 Real Capital Markets website. Once investors have had an opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a "Call for Offers"
Providence, RI 02909
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".
South Boston, MA 02127
Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale Michael’s Landing, a newly constructed, 68-unit apartment community in the highly desirable Lynnfield, MA.
For Additional Due Diligence information please execute the Confidentiality Agreement at: https://my.rcm1.com/handler/FindProfile.aspx?pv=Mylw2ITKUvYlomehT-x-8LZHfH2OcA_IQsdWj6_YUJei5wC0kQriFHOryrjszzYC
Lynnfield, MA 01940
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. .
For Additional Due Diligence information please execute the Confidentiality Agreement at: https://my.rcm1.com/handler/TestUserWarning.aspx?pv=J1TYu7b3lpXtuimdUSrJyVGOXYlRIz4KBj-l2I33Pte2EIZ73zC6ZG8AJDSq9-n2
East Boston, MA
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
Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present for sale Walk Hill Residences at 289 Walk Hill Street, an approved residential development featuring unique on-site parking in Boston’s Roslindale neighborhood. Walk Hill Residences will include 106 units and 126 parking spaces, 84 of which will be garage.
Fully-Approved Opportunity - Walk Hill Residences presents a rarely available approved 106-unit development site in Boston’s Roslindale neighborhood. The site consists of an approximately 2-acre lot at the intersection of Walk Hill Street and American Legion Highway. The approved status of the site allows for immediate construction commencement in a highly-desirable residential market.
Ideal Access to Major Area Roadways - Walk Hill Residences offers a rare combination of ideal access to major area highways and public transportation. The site is approximately a 20-minute drive to Downtown Boston and is just one mile from the MBTA Forest Hills Orange Line & Commuter Rail Station. The property has frontage on American Legion Highway and is less than 4 miles from I-93, offering easy access to all of the major roadways in Massachusetts. Walk Hill Residences provides a variety of easy commuting options to various employment drivers and entertainment venues throughout Massachusetts..
Walk Hill Residence 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".