Boston Office

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”.

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 13th and will conclude on January 15th, 2025.

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

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 255 Main Street, a luxury apartment community that was recently delivered in the highly desirable neighborhood of Hyannis, Massachusetts. The property includes approximately 3,500 square feet of retail space on the first floor bringing additional convenience to life at 255 Main. Two (2) two-bedroom units and eight (8) 1-bedroom units are located on the second and third floors with additional secure storage and laundry in the basement. Cape Cod, Massachusetts is one of the most supply constrained locations in the country. 255 Main Street allows investors to expect little oncoming competition in the future. Concurrently, home prices on the Cape have grown to historical levels. The median home price in Barnstable county is over $1 million. The continuing affordability dilemma has made renting a much more affordable alternative in the region.

Process & Pricing

255 Main 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.

Cushman & Wakefield’s Multifamily Advisory Group, in collaboration with Ten-X, is pleased to present the opportunity to acquire 285 Main Street, a 19-unit, mixed use building, located in the heart of Downtown – Woonsocket, Rhode Island. The property boasts 10 oversized (2 bed / 1 bath) apartment units located on the 2nd floor of the building and 9 commercial suites spanning the first floor and lower level. The asset offers investors the opportunity to acquire an extremely well maintained, cash flowing asset, with significantly below market, in-place rents and tremendous “value-add” potential.

The property benefits greatly from its strategic location, along the Rhode Island/Massachusetts border, which provides residents immediate access to employment drivers and transportation options located in both States. The property offers tenants convenient access to major thoroughfares such as, I-495, I-295, and I-95, providing great accessibility for residents needing access to surrounding destinations throughout Rhode Island, as well as nearby employment, retail, dining, and entertainment attractions in Massachusetts.

Since acquiring the property, current ownership has invested significantly in the asset, including installation of a new roof, repaving of the parking lot, complete façade replacement, and various unit and system upgrades. Currently 100% leased, the asset sits on 0.62 AC across two parcels, and offers 40 striped parking spaces in the rear of the property.

285 Main 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.

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire 47 West Cedar St, a boutique 10-unit, 100% market rate apartment building located in the Beacon Hill neighborhood of Boston, Massachusetts. Built at the turn of the century, the 5,600 SF +/- brownstone apartment building is situated in the heart of Boston’s most charming and sought-after residential neighborhoods, exceptionally located between Downtown and the Back Bay.

The building features four (4) two-bed one bath units, four (4) one-bed one bath units and two (2) studios. The units offer high ceilings, hardwood floors, large closets and abundant natural light. Although ownership has meticulously managed the building, there is a distinct opportunity to upgrade unit interiors, including kitchens, bathrooms, flooring, lighting and appliances. Following these upgrades, the incoming buyer would elevate the competitive profile of the asset in the market and the renovated luxury units would command significantly higher rents, or be poised for condo conversion and sell-out at premium prices.

47 West Cedar St represents a rare opportunity to acquire an asset in one of the most desirable residential locations in the United States.

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”.

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”.

Cushman & Wakefield’s Multifamily Advisory Group is pleased to offer for sale the Edge 400 Apartments, an approved 180-unit transit-oriented apartment development opportunity located in Hartford, Connecticut. The 5-acre site is strategically located near the West Hartford town border, minutes from Interstate 84 and equidistant to downtown Hartford and West Hartford Center. The location is convenient to major nearby employers as well as the incredible assortment of lifestyle amenities available in West Hartford.

The project is fully approved as 180-units, 100% market rate, across three (3) four (4) story wood framed buildings with 184 surface parking spaces. Alternatively, with administrative approval by the city, there’s an opportunity to increase the project to 231-units by constructing a single 5 story building (comprised of 4 levels of wood framing over a single level podium structure) with 294 parking spaces (105 covered/below building and 189 surface spaces). The Edge 400 Apartments will feature first-class finishes and appliances within the units, state-of-the-art technology, and beautiful landscaped grounds. Located adjacent to West Hartford, the project will offer future residents an excellent lifestyle with convenient access to all that Hartford and West Hartford offer.

The City of Hartford has a variety of financial incentives to support development, including a long-term tax abatement program and low-cost secondary financing through the Capital Region Development Authority (CRDA). The incoming developer will be able to leverage these incentives. Given the groundwork completed to date by the current ownership, these financing incentives should be able to be advanced quickly.

Cushman & Wakefield has been engaged by Starr Capital LLC to arrange for the sale or joint venture development of Parcels 2 & 3 at the Centre of New England (the “Property”), a 4+ million square foot mixeduse master planned community located immediately off I-95 in Coventry, Rhode Island. Totaling 58.5 +/- acres, the Property has master plan approvals in-place for up to 362 residential housing units, which can be forsale or rental (built-to-rent / single-family rental). The approvals allow a wide variety of building types, styles, sizes and configurations, including duplex, triplex, townhome, flats and single-family homes. The Property presents a sizable opportunity to capitalize on the strength and momentum of today’s housing market in a prime location just 20 minutes south of downtown Providence, RI.

Located 15 miles south of downtown Providence, 15 minutes south of Rhode Island’s TF Green International Airport and situated between two I-95 interchanges, the Centre of New England is an exceptionally convenient location that is well suited for residential and commercial development. The Centre of New England offers a variety of shopping amenities, including Walmart, BJ’s, Home Depot, as well small shops and many restaurants. In addition, the Centre of New England is home to multiple hotels, independent and assisted senior living facilities, and residential communities offering both home ownership and rental apartments. The property surrounds an 80-acre ecological preserve area that offers a serene environment ideal for the residential neighborhoods.

The Property’s location within the Centre of New England presents a unique opportunity to capitalize on the impressive area amenities as well as incredible commuter access to Providence and Newport, Rhode Island’s major resort and employment hubs. For families, Coventry offers residents one of the top-rated school districts in the state. In addition to all Coventry has to offer, the neighboring town of West Warwick offers a thriving commercial district and is home to innumerable dining, shopping and entertainment options. Residents benefit from these nearby amenities while having direct access to I-95 to easily travel throughout Rhode Island and surrounding states.

Process & Pricing

The property 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 Multifamily Advisory Group is pleased to present the opportunity to acquire 100 Park Place, a 42-unit value-add apartment community located in Pawtucket, Rhode Island. The property is comprised of two (2) three-story buildings on 1.1 acres of land and boasts an attractive unit mix of seven (7) one-bedroom units and thirty-five (35) twobedroom units.

Proximate to Providence, Pawtucket is an emerging market known for its rich industrial history and revitalized downtown area.

100 Park Place is ideally located near the Pawtucket MBTA train station, which opened in 2023 as part of the MBTA’s effort to improve regional transportation and expand services in Rhode Island. It serves the MBTA’s commuter rail service, providing easy connections to Providence and beyond, making it a key asset for those traveling for work or leisure.

100 Park Place represents a compelling investment opportunity in a growing market. With strategic renovations and management improvements, investors can capitalize on the increasing demand for quality rental housing in a highly desirable submarket.

Process & Pricing

100 Park Place 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”.

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”.

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire ROZZIE, a newly constructed 106-unit apartment community located in the bustling Boston neighborhood of Roslindale. Rozzie offers unmatched community amenities and apartment finishes including a library lounge, fully equipped fitness center, great room with community kitchen, outdoor terrace with grilling station, and heated garage. Apartments offer in-unit washers and dryers, stainless steel appliances, quartz countertops and marble style flooring.

ROZZIE is ideally located just steps from Roslindale Village providing unmatched access to shopping, dining, and recreation. The property presents investors with the rare opportunity to infiltrate a high barrier to entry residential market. The Roslindale neighborhood is in close proximity to some of Boston’s most prestigious higher education institutions and is well connected to both the Downtown Financial District and Back Bay. Opportunities in academia and the medical field draw young professionals to the area and drive demand for housing in the market.

ROZZIE 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 the opportunity to review the offering materials and tour the properties, Cushman & Wakefield will schedule a “Call for Offers.”

Cushman & Wakefield is pleased to present you with the opportunity to purchase 29-35 Temple Place (“Temple Place Suites”), which is a 26,600 square foot, 6-story, mixed-use (residential over retail), elevator building, located in the heart of downtown Boston (just feet from Boston Common).

Temple Place Suites is located in Boston’s vibrant Downtown Crossing neighborhood, which is surrounded by, and walking distance to, the Financial District, the Theater District, the Seaport, Beacon Hill, Back Bay, Newbury Street and Boston Common. The area is home to many daytime & evening tourist attractions, amenities, employers, collages, and open green spaces, including, to name just a few, hot new celebrity owned restaurants, cafes, a speakeasy, shops, pop-up art exhibits, the new WNDR Museum, and many more popular destinations. With a Walking Score of 98%, and multiple transit T stations (Orange, Green, Red) just a few feet from the building, its location is unrivaled.

Temple Place Suites is designated with a Lodging License for 48 units (although the building is currently configured with only 42), and the current owner operates the residential portion (floors 2 through 6) as short-term, furnished, Airbnb style, rentals. There is a significant Value-Add Opportunity for the next owner to grow revenue by: (i) increasing the room count up to the permitted 48 units (this alone represents a 14.3% increase), (ii) increasing the average unit rental rate which is significantly below market, and (iii) potential additional density increase (current FAR is 8.0). The commercial portion of the building (floors 1 and basement) is fully occupied by one tenant (a micro-brewery, restaurant, and taproom), which has a long-term, Triple-Net Lease, through 2028.

Temple Place Suites 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 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.

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.

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".

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.

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. .

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.

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