Description de l'actif
As exclusive sales agent, JLL Capital Markets is pleased to offer for sale 40 Warren Street (the “Property”), a newly built (44,682 SF) boutique office and retail asset in the heart of the historic and vibrant Charlestown neighborhood in Boston. Completed in 2020 following a $15MM+ repositioning and expansion, 40 Warren represents the first true Class A opportunity in Charlestown.
Flexible floor plates, on-site parking, high ceilings, and abundant natural light offer office and medical office tenants differentiated space in a well-amenitized outer-urban location. Located in one of Boston’s most desirable neighborhoods, 40 Warren’s proximity to Downtown Boston offers multiple avenues to value creation. Investors will benefit from flexible, physical attributes that accommodate future conversion to residential use, while the ground-floor retail - leased to Tatte through 2030 - provides contractual cash flow from one of Boston’s most desirable retailers.
Caractéristiques de l'actif
Points clés d'investissement
- Newly Delivered Best-in-Class Product
- Accessible Location with On-Site Parking
- New Construction Outperforms
- Premier Retail Tenant
- Flexible Business Plan and Use Optionality