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Allston Square Portfolio

4 Multifamily Properties in Multiple Locations

Executive Summary

NEWMARK HAS BEEN EXCLUSIVELY RETAINED TO MARKET ALLSTON SQUARE, A 326-UNIT, 4-BUILDING, CLASS A APARTMENT DEVELOPMENT COMPLEMENTED BY 141 PARKING SPACES, AND 9,400 SQUARE FEET OF COMMERCIAL SPACE
ACROSS 1.86 ACRES IN THE RAPIDLY EXPANDING ALLSTON NEIGHBORHOOD OF BOSTON. Allston Square will be spread across four buildings: 1 Highgate Street (82 units), 10 Highgate Street (71 units), 12 Wilton Street (107 units), and 20 Braintree Street (66 units).
Situated in Allston, the Subject sites are highly-walkable, transit oriented properties, adjacent to Harvard Avenue, a major amenity
corridor. Multiple public transportation options, including the MBTA Green Line, MBTA Commuter Rail, and MBTA bus serve
the Subject properties, as well as Interstate 90 (Massachusetts Turnpike), the regions primary highway corridor, which is slated
to benefit from a highly-anticipated $1 billion improvement project. The surrounding area also serves as a key knowledge
neighborhood, home to institutions of higher education such as Boston College, Boston University, and Harvard University, which
is currently undertaking a significant expansion of its local campus. Consequently, the area surrounding Allston Square has recently
emerged as a premier urban gateway. Located just west of Boston’s urban core, the neighborhood offers diverse demand
drivers, including walkable amenities, exceptional public transit access, an embedded student population and a booming
development landscape, to support the subject properties’ residential development.

Data Room Click Here to Access

Property Facts

Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 267,155 SF
Total Land Area 0.52 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Allston Hall
4 Braintree St, Allston, MA 02134
Multifamily 12,900 SF 1899 -
1 Highgate Street
372 Cambridge (aka 1 Highgate St) st, Boston, MA 02134
Multifamily 79,010 SF - -
354 Cambridge St, Boston, MA 02134 Multifamily 67,120 SF - -
8-12 Wilton St
8 Wilton st, Boston, MA 02134
Multifamily 108,125 SF - -
Show More > < Show Less
  • Listing ID: 31405940

  • Date on Market: 4/3/2024

  • Last Updated:

  • Address: Allston Square Portfolio, Allston, MA

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