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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.

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Under Contract
130 Essex Street
   
130 Essex Street
Hamilton, MA  01982

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.

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1826 & 1840 Mass Ave
   
1826 Massachusetts Avenue
Cambridge, MA  02140

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present the opportunity to acquire 186 Monsignor O’Brien Highway, a prime development parcel totaling 4,593 square feet of land area. The parcel is located in East Cambridge and is ideally positioned across the street from the MBTA Green Line’s Lechmere Station.

186 Monsignor O’Brien Highway is 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 area’s renowned medical, academic, and healthcare institutions in under 20 minutes, such as Harvard University, Massachusetts Institute of Technology, Kendall Square, and Massachusetts General Hospital. 186 Monsignor O’Brien Highway is also within walking distance to Cambridge Crossing, a recently redeveloped 43-acre neighborhood in East Cambridge. The parcel also benefits from its proximity to several area attractions such as the Museum of Science and TD Garden.

Process & Pricing

186 Monsignor O’Brien Highway 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 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”.

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186 Msgr O'Brien Hwy
   
185 Monsignor O'Brien Highway
Cambridge, MA  02141

Cushman & Wakefield is pleased to offer for sale 195 Market Street, a value-add office investment and transit-oriented multifamily development (TOD) opportunity located just 10 miles north of downtown Boston in the City of Lynn, Massachusetts. 195 Market Street is comprised of 5.1± acres and a 152,000± square foot, five (5) story office building built in 1972. The property is located close to transit, highly accessible to jobs in the Boston area and is easily walkable to downtown Lynn and the waterfront, offering shops, restaurants, playgrounds, parks and other amenities nearby.

195 Market Street falls within the Central Business District zoning district, which allows for substantial as-of-right development potential (120’ height limitation; no FAR limitation) and a variety of uses, including residential, retail, hospitality, office and mixed-use. 195 Market Street is an excellent investment opportunity that presents a multitude of alternative use and value-creation opportunities, including the potential to redevelopment the property into a large scale multi-family apartment community.

195 Market 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”.

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Under Contract
195 Market Street
   
195 Market Street
Lynn, MA  01901

Cushman & Wakefield Multifamily Advisory Group is pleased to offer, on an exclusive basis, the fee simple interest in 9 Chelsea Street (the “Property” or “Site”), a transit-oriented development opportunity in the heart of East Boston, Massachusetts. The Property sits directly across the street from MBTA Blue Line at Maverick Square, providing future residents direct access to the top-tier employment and cultural activities throughout Downtown Boston, Cambridge, and the surrounding communities. The Site is a prime in-fill development opportunity appealing to multiple uses - multifamily (apartments or condominiums), hotel, retail and commercial - and offers attractive zoning that allows for up to 7 stories and building height of 85 feet.

9 Chelsea Street enjoys prominent positioning at the corner of Chelsea and Maverick Streets, and is the gateway into Maverick Square and the East Boston waterfront. The immediate area has transformed in recent years with the development of over 1,500 luxury mid and high-rise apartments and condominiums, the creation of new parkland, the expansion of the East Boston Harborwalk and the development of countless residential and mixed-use buildings that have added hundreds of new, high-quality housing units throughout the neighborhood. As city residents have migrated to East Boston, a variety of new urban restaurants, bars and shops have also established themselves in the area and contribute to the trendy vibe. East Boston is an increasingly sought after neighborhood and the Property presents a unique opportunity to develop a luxury condominium or apartment building in an excellent in-fill location in the City of Boston.

9 Chelsea 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”.

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9 Chelsea Street
   
9 Chelsea Street
East Boston, MA  02128
Type:  Land
Posted: 6/4/2024

Cushman & Wakefield’s Multi-Family Advisory Group is please to present the opportunity to acquire Charles House Commons located in the Unionville neighborhood of Farmington, Connecticut. Charles House Commons is a fully approved 267-unit ground-up multifamily development opportunity.

The property is envisioned to contain a mix of residential apartments and townhome condominium units. The project will contain 254 flats style apartment units, offering existing and future Unionville residents a much-needed alternative to traditional housing in the area while allowing the charms of Unionville’s village center to be truly appreciated. The apartment component of Charles House Commons will include studio units, one-bedroom units and two-bedroom units. They will all feature top-of-the- line finishes including granite counters, custom cabinetry, and high-end bathroom finishes.

The townhome condominiums, totaling 13 units, will range from one-bedroom, two-bedroom, and two-bedroom plus den unit layouts and feature top-of-the-line finishes as well. In addition to extensive neighborhood amenities in Unionville, the development amenities will include a fitness center, a clubhouse, bike storage, swimming pool, riverfront trail, and a kayak launch along the Farmington River.

Farmington, Connecticut has long been known as an idyllic suburb of Hartford and home of some of the area’s most well-known institutions. Unionville, a neighborhood on the western edge of Farmington, offering the intimacy of small-town life along with access to impressive outdoor recreational opportunities and nearby employment centers. Charles House commons presents investors will a rare opportunity to enter a strong market with excellent employment access and local amenities.

Process & Pricing

Charles House Commons 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”.

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Charles House Commons
   
19 Perry Street
Farmington, CT  06085
Type:  Land

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire the Rochester Crossroads Apartments, an approved 208- unit apartment complex located in Rochester, Massachusetts. The development will feature four (4), four-story buildings and a 3,123 SF single-story clubhouse with numerous amenities for residents. Other on-site amenities include a community garden, as well as a central courtyard area consisting of an outdoor pool patio area, playground, and grilling area.

The Rochester Crossroads Apartments are located on approximately 21.42 acres. Three hundred fifty-three (353) off street parking spaces (surface park) will be provided for tenants.

The development will consist of a mix of one-bedroom, two-bedroom and threebedroom units featuring granite or quartz countertops, stainless steel appliances and in-unit laundry. Fifty-two (52) of the apartments are designated as “affordable” through the 40R program. The affordable units will be rented to households earning less than the 80% Area Media Income.

Pricing & Process

The Rochester Crossroads Apartments 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”.

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Rochester Crossroads Apartments
208 Units
22 Cranberry Highway
Rochester, MA  02576
Type:  Multifamily

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire Tatnuck Brook Apartments, a 3-building, 54-unit apartment complex located in suburban Worcester, Massachusetts. Built in 1973, the property spans 2.13 +/- acres and features an attractive mix of twenty-one (21) one-bed and thirty-three (33) two-bedroom units.

Tatnuck Brook Apartments is ideally located in the Tatnuck neighborhood of Worcester, just outside of downtown. Known to be the one of the affluent neighborhoods in Worcester, residents benefit from access to a variety of retail and restaurant amenities as well as tremendous transit access. Tatnuck Brook Apartments offer residents phenomenal access to a plethora of transportation options – including interstates 90, 190, 290. Furthermore, the property is located less than 1.5 miles from Worcester Regional Airport.

The property offers tremendous value-add potential through unit renovations, improved community amenities, and general capital improvements throughout the complex. Rents at the property are approximately 50%+ below market, offering new ownership the opportunity to dramatically increase revenue through renovations.

Pricing & Process

Tatnuck Brook Apartments 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 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”.

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Under Contract
Tatnuck Brook Apartments
54 Units
556-560 Mill Street
Worcester, MA  01602
Type:  Multifamily

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present a master lease housing opportunity, 33 Everett Street. The property consists of 69 rooms, and is located in the Harvard Square area within the heart of Cambridge, Massachusetts. Currently configured for dormitory use, each floor of the building features a common bathroom and lounge space with soft seating, refrigerator, and oven. 33 Everett Street is located on Lesley University’s Doble Campus and has previously been used as student housing. The university would maintain access to the first floor’s commercial kitchen and cafeteria to be shared with the tenant and can deliver the property furnished with existing dormitory furniture.

33 Everett 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 universities, technology, and bio-tech employers and many of the region’s best shopping and dining amenities. The building is immediately adjacent to Harvard University and within a 10-minute walk of both Porter and Harvard Stations along the MBTA’s Red Line and Commuter Line.

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White Hall
120 Beds
33 Everett Street
Cambridge, MA  02138
Type:  Residential

As exclusive advisor to Root Development LLC (the “Sponsor”), Cushman & Wakefield has been retained to arrange the joint venture partnership for the pursuit of entitlements and the redevelopment of 147 Central Street, the Saab Building, in Lowell, Massachusetts (the “Property”) – a transformative, 115-unit infill residential apartment development opportunity in the heart of Lowell’s historic downtown.

The Property is located on a 19,130 square foot parcel, improved by a two story, 34,920 square foot mixeduse building featuring retail on the ground floor and office space on the second floor. As currently envisioned, the proposed project would consist of approximately 104,000 gross square feet (115 multi-family residential units and 4,500 square feet of street level retail), and the building would rise six (6) stories from Central Street – a height that is consistent with surrounding buildings.

The redevelopment of 147 Central Street is fully supported by the City of Lowell and the incoming buyer or partner can leverage Opportunity Zone and city and state economic development incentives and assistance programs, including tax increment exemptions, to bring this transformative project to fruition.

Process & Pricing

Cushman & Wakefield is offering this unique purchase or joint venture investment opportunity without an asking price. Additional information is available upon receipt of a Confidentiality Agreement, and site visits can be arranged upon request. We will be conducting tours and meetings over the coming weeks with a call-for-offers to follow shortly thereafter.

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147 Central
115 Units
147 Central Street
Lowell, MA  01852
Type:  Residential
Posted: 1/4/2024

Cushman & Wakefield is pleased to present the opportunity to acquire 81-85A L Street, an existing urban infill retail property, offering tremendous value-add and long-term development potential, located in the heart of South Boston’s Eastside. The property is currently improved with a single-story building, totaling approximately 7,836 SF (including basement) and sits on a 4,592 square foot lot, bound by L, Emerson, and East 4th Street(s).

Situated in South Boston’s most dynamic and desirable neighborhood, the property is surrounded by a dynamic mix of retail, dining, entertainment, and fitness options, that line the East Broadway corridor. Additionally, 81-85A L Street is proximate to several transformative upcoming developments and offers investors an attractive “covered-land-play” with inplace cash flow. Investors are offered an immediate value add for users or the opportunity to re-lease approximately 60% of the building (currently Executive Cleaners), which will be delivered vacant, as well as tremendous potential for long-term development.

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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Under Contract
85 L Street
   
85 L Street
Boston, MA  02127

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire the Providence Portfolio, an exceptional 10-building multifamily portfolio totaling 159 units and 153,413 SF in the Federal Hill neighborhood of Downtown Providence.

This impressive portfolio was all built within the last two years and contains condo-quality finishes across the board. The portfolio presents an investor the ability to assemble economies of scale and operating efficiencies in one of the most desirable cities in the Northeast. All of the buildings are located within a 10 minute drive of each other as well as a plethora of restaurants, shopping, transit, and other neighborhood amenities.

Process & Pricing

The Providence Portfolio 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 Providence Portfolio as a single portfolio, sub-portfolios or individual properties.

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Providence Portfolio
159 Units
1290 Westminster Street
Providence, RI  02909

Cushman & Wakefield is pleased to present the opportunity to acquire the Roseland & Frost Collection, a six building 23 unit residential portfolio ideally located in Porter Square in the heart of Cambridge, Massachusetts. The portfolio totals 42,027 GSF and 23 units. The properties vary from a single-family home to an 8-unit apartment building. Across the six properties is a total of 1.02 acres of land.

The buildings in the Roseland & Frost Collection are 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 Frost Street and Roseland Street, the buildings are within a 10-minute walk of the Porter Square MBTA Red Line station, as well as the campuses of Harvard and Lesley University.

Process & Pricing

The Roseland & Frost Collection 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 Roseland & Frost Collection as a single portfolio, sub-portfolios or individual properties.

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Under Contract
Roseland & Frost Collection
23 Units
28 Roseland Street
Cambridge, MA  02140
Type:  Multifamily

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire The Alexandra, a former luxury hotel primed for redevelopment in Boston’s thriving South End neighborhood. The Alexandra is a once in a lifetime opportunity to develop a legacy project that will bring notoriety to the developer. It is a piece of Boston’s history and is highly anticipated by the neighborhood. The property is situated on a prominent, highly trafficked street corner and features Ruskinian Neogothic style with a richly patterned sandstone façade, strong window lines. The Boston Planning & Development Agency (BPDA) and South End Landmarks District Commission has approved the redevelopment of The Alexandra from a five-story building to a thirteen story, 70-unit condominium project with a gym, bike storage, rooftop terrace with adjoining amenity room and ground floor retail.

The Alexandra offers over 83,865 SF of redevelopment potential and is strategically located on the corner of two major Boston roadways Washington Street and Massachusetts Avenue. The property is within minutes to some of the city’s top dining destinations including Toro, Flour Bakery & Café, and Barcelona Wine Bar. Additionally, local neighborhood amenities are in close proximity by foot or public transportation, including Whole Foods, Starbucks, and boutique shopping & fitness destinations.

Process & Pricing

The Alexandra 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".

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The Alexandra
70 Units
1767 Washington Street
Boston, MA  02118
Posted: 5/9/2023

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present for sale the Silverbrick Portfolio (Silverbrick Square & Silverbrick Lofts), a unique opportunity to acquire a five-building portfolio located in Springfield, Massachusetts. The Silverbrick Portfolio features 380 recently renovated units and 14 retail units in the heart of downtown Springfield.

The portfolio is conveniently located in downtown Springfield, the economic center of Western Massachusetts. These luxury buildings feature recently renovated units with architectural details such as exposed bricks, reclaimed wood beams, arched windows, and high ceilings. Residents benefit from a substantial employment base as some of the region’s largest corporate headquarters are located in Springfield, including MassMutual, one of the largest fortune 500 companies in the Commonwealth. The portfolio is short walk from dining, shopping, museums, & transportation and is adjacent to the MGM Springfield Casino, boasting the largest gaming floor in Massachusetts. Visitors from all over New England are also drawn to the area to experience Six Flags New England and The Big E (the Eastern States Exposition). These local attractions create a strong employment base and generate substantial tourism leading to the growth of Springfield and surrounding towns.

The Silverbrick Portfolio 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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SilverBrick Portfolio (2 properties, 380 units)
Silverbrick Square
114 Units
122 Chestnut Street
Springfield, MA  01103
Posted: 5/10/2022

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to offer for sale 40-46 Winter Street, a boutique apartment and retail value-add buidling located in the heart of downtown Boston. The building represents a rare opportunity to acquire a tremendously located asset comprised of 14 market rate residential units and approximately 5,581 square feet of prime retail space. The residential units range from studios to over-sized four-bedroom units and feature unique open plan layouts, tremendous ceiling heights, window lines, streetscape views and the sought-after exposed brick aesthetic. The location offers a world class retail opportunity for the incoming owner with significant upside through new leasing, remerchandising and increasing below market in-place rents.

The building is located on Winter Street in the core of Downtown Crossing, a dynamic mixed-use destination that has been the beneficiary of $4+ billion in capital investment in last 15 years. Boasting a central location with access to multiple subway stations, the neighborhood is home to an abundance of shopping, dining, entertainment, and cultural amenities complemented by luxury residential towers, boutique hotels and creative office space. The neighborhood is surrounded by the Financial District, the city’s largest and most dynamic office submarket, and is home to several higher ed institutions, including Suffolk University and Emerson College. Collectively, these foundational demand drivers underpin the success and long-term outlook for the location.

40-46 Winter Street was completely renovated and built new in 2008, including new base building systems, roof, windows, and residential units on the upper floors. Since the renovation, the building has maintained near-100% occupancy throughout market cycles. Given the strategic location and large units, the resident profile today is predominantly young professionals and some undergraduate students. The propertiy offers flexibility to the incoming owner to maintain the current operations and enjoy the stability of cash flow or upgrade/refresh the residential unit interiors and common areas to push rents to full market potential or condo conversion.

40-46 Winter 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".

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40-46 Winter Street
14 Units
40-46 Winter Street
Boston, MA  02108
Posted: 6/21/2022

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire the Phillips Wendell Collection, an irreplaceable 10 property portfolio, totaling 85,000 +/- GSF located in Harvard Square, 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 lease-up of vacant commercial space, the redevelopment to multifamily residential and condominium conversions, and the potential for new ground-up residential construction, among other options and strategies.

The Phillips Wendell Collection is situated in one of the most esteemed locations 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 Wendell Street, Philips Place, and Sacramento Street, each building is located within a 10-minute walk of a MBTA Redline station, as well as Harvard and Lesley University.

Process & Pricing

Phillips Wendell Collection 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 Phillips Wendell Collection as a single portfolio, sub-portfolios or individual properties.

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Under Contract
Phillips Wendell Collection
   
3 Phillips Place
Cambridge, MA  02138
Posted: 3/20/2023

Cushman & Wakefield’s Multifamily Advisory Group is pleased to present for sale the Silverbrick Portfolio (Silverbrick Square & Silverbrick Lofts), a unique opportunity to acquire a five-building portfolio located in Springfield, Massachusetts. The Silverbrick Portfolio features 380 recently renovated units and 14 retail units in the heart of downtown Springfield.

The portfolio is conveniently located in downtown Springfield, the economic center of Western Massachusetts. These luxury buildings feature recently renovated units with architectural details such as exposed bricks, reclaimed wood beams, arched windows, and high ceilings. Residents benefit from a substantial employment base as some of the region’s largest corporate headquarters are located in Springfield, including MassMutual, one of the largest fortune 500 companies in the Commonwealth. The portfolio is short walk from dining, shopping, museums, & transportation and is adjacent to the MGM Springfield Casino, boasting the largest gaming floor in Massachusetts. Visitors from all over New England are also drawn to the area to experience Six Flags New England and The Big E (the Eastern States Exposition). These local attractions create a strong employment base and generate substantial tourism leading to the growth of Springfield and surrounding towns.

The Silverbrick Portfolio 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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SilverBrick Portfolio (2 properties, 380 units)
Silverbrick Lofts
266 Units
15 Taylor Street
Springfield, MA  01103
Posted: 5/10/2022

Cushman & Wakefield is pleased to present the exclusive listing of The Worcester Portfolio located in the coveted Elm Park neighborhood of Worcester, MA. The portfolio, an irreplaceable collection of nine (9) former mansions, is configured for short-term rental and dormitory use. The buildings are 100% leased to a local university through July 2029.

The portfolio consists of 262 beds across 122 bedrooms in the 9 buildings, with a mixture of shared and private bathrooms and common facilities. Substantially renovated in 2021/2022, and exceptionally located in the heart of Worcester, the Worcester Portfolio is a rare investment opportunity that offers attractive and secure cash flow and significant long-term upside. The portfolio is offered for sale with an asking price of $19,700,000, equating to 7.0% cap rate on the in-place income.

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Worcester Portfolio
   
41 Cedar Street
Worcester, MA  01609

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. .

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Under Contract
141-143 Addison Street
   
141-143 Addison
East Boston, MA
Type:  Land
Posted: 3/9/2021

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

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Under Contract
225 General Edwards Highway
30 Acres
225 General Edwards Highway
Sharon, MA  02081
Posted: 8/11/2022

Cushman & Wakefield’s Multifamily Advisory group is pleased to present for sale 3326 Washington, an approved 43-unit development opportunity located minutes from downtown Boston in the Jamaica Plain neighborhood. Situated on a 12,304 SF lot, 3326 Washington Street will include 5 stories and 43 units of residential housing.

Totaling 39,445 GSF, the development opportunity is ideally situated among Jamaica Plain’s neighborhood amenities, combining the best of Boston-based benefits and the suburban neighborhood appeal. 3326 Washington Street is only a block away from the MBTA Orange Line’s Green Street stop and less than a mile from the Commuter Rail’s Forest Hill Station providing access to Downtown Boston in under 20 minutes.

3326 Washington Street is offered for sale on an "as-is" basis and 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/3326-washington-st-jamaica-plain-ma-02130/31727656/ to sign the confidentiality agreement, download the due diligence materials and register for the auction. The live, online auction commences June 24 and concludes on June 26, 2024.

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Under Contract
3326 Washington Street
43 Units
3326 Washington Street
Boston, MA  02130