Portfolio

East Boston Blue Line Portfolio

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area Gross
Number of units 114

Portfolio description

Jones Lang LaSalle (“JLL”) has been exclusively retained to market the East Boston Blue Line Portfolio, (the “Portfolio”), a 36-building, transit-oriented apartment portfolio containing 114 units located in the East Boston neighborhood of Boston, Massachusetts. From 2014-2015, the Sponsor individually acquired the assets and underwent a specific value-enhancement program. Currently, 98% leased, The Portfolio offers investors significant value-add upside through in-unit finishes and the potential for additional density. The entirety of the Portfolio spans across a 2.5-mile distance in East Boston, offering investors immediate scale in a popular Boston neighborhood.

 

Residents benefit from the proximity to downtown Boston as well as easy access to Boston’s numerous universities all at a 30% discount to downtown rents. Residents also benefit from a walkable neighborhood with convenient transit access via the MBTA Blue Line. As tightening market conditions continue to price renters out of the urban core, East Boston has emerged as a logical value alternative for young professionals, families, and students, offering a $1,000/unit per month discount to downtown Boston alternatives, despite being only 5 minutes away. Rarely is there an opportunity in Boston that offers a similar scale and the ability to increase rents through value-add renovations.

Investment highlights


·        36 Multi-Family Properties located in East Boston

·        114 units

·        337 Beds

·        Value Add Upside

·        Transit Oriented

·        Discount Relative to Replacement Cost

Adam Dunn
Adam Dunn
Senior Director, Capital Markets
Broker Licenses
MA-9553106 CT-REB.0755412 ME-DB922772
Kellie Coveney
Kellie Coveney
Director, Capital Markets
Broker Licenses
MA-9551763 CT-RES.0811424

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

JLL, together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

+60 (3) 2260 0700
List View
Map View
East Boston Blue Line Portfolio (37 Properties)
289 SUMNER ST
East Boston, United States
31 West Eagle Street
East Boston, United States
103 Orleans Street
East Boston, United States
265 Princeton Street
East Boston, United States
15 Havre Street
East Boston, United States
121 Cottage Street
East Boston, United States
377 Maverick Street
East Boston, United States
26 Monmouth Street
East Boston, United States
133 Cottage Street
East Boston, United States
1117 Saratoga Street
East Boston, United States
809 Saratoga Street
East Boston, United States
220 Saratoga Street
East Boston, United States
229 Bennington Street
East Boston, United States
284 Sumner Street
East Boston, United States
166 Leyden Street
East Boston, United States
10 Breed Street
East Boston, United States
438 Meridian Street
East Boston, United States
17 Frankfort Street
East Boston, United States
1-2 Appian Street
East Boston, United States
365 Meridian Street
East Boston, United States
28 Princeton Street
East Boston, United States
26 Princeton Street
East Boston, United States
451 Meridian Street
East Boston, United States
297 Maverick Street
East Boston, United States
101 Falcon Street
East Boston, United States
219 Maverick Street
East Boston, United States
21 Monmouth Street
East Boston, United States
135 Orleans Street
East Boston, United States
110 Paris Street
East Boston, United States
324 Saratoga Street
East Boston, United States
261 Havre Street
East Boston, United States
41 Cottage Street
East Boston, United States
72 Prescott Street
East Boston, United States
215 Saratoga Street
East Boston, United States
64 Lubec St
East Boston, United States
746 BENNINGTON ST
East Boston, United States
57 TRENTON ST
East Boston, United States
Expand Map Collapse Map
Last Updated Date: 30 Sep 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.