The Abbot - Harvard Square_판매용 부동산
The Abbot - Harvard Square_판매용 부동산

The Abbot - Harvard Square

20 Brattle Street, Cambridge, MA, 02138, US

묘사


JLL Capital Markets is pleased to present the exclusive opportunity to acquire The Abbot (the “Property”), an iconic, trophy asset situated in the heart of Harvard Square, adjacent to one of the world’s most renowned educational institutions. The Abbot is a ±64,416 SF, award-winning, mixed-use asset at the intersection of Brattle Street, John F. Kennedy Street and Massachusetts Avenue - the epicenter of Harvard Square. Located just steps away from Harvard University and at the doorstep of the MBTA’s Harvard Square Red Line train station, The Abbot is situated on the best corner in Cambridge.


Originally built in 1908, the asset underwent an extensive multi-million-dollar renovation that was completed in 2022 and has been transformed into a premier one-of-a-kind property. The Abbot seamlessly blends historic character with dynamic retailers and state of the art office. The Abbot’s unique tenant mix draws traffic for the early gymgoers, mid-day shoppers, and late-night diners alike. The Property benefits from exceptional visibility, with ±360 feet of frontage in Harvard Square and dual access from both Brattle Street and John F. Kennedy Street. Currently 72.5% leased, the Property presents investors with the opportunity to add significant value through leasing over 17,700 square feet of vacant space. The Abbot offers investors a generational opportunity to procure an iconic, irreplaceable asset in the heart of Harvard Square.

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개요

건물 면적 순
5,984 제곱미터
점유율
72.5%
WAULT
5.2 년

미디어

투자 하이라이트

  1. Premier, trophy asset with growth potential


  1. 64,416 SF property, 72.5% leased with diverse income from F&B, fitness, financial services and office tenants


  1. Harvard Square is one of America's most iconic urban neighborhoods - home to Harvard University and one of the most visited tourist destinations in the U.S. with over 12.4 million annual visitors


  1. $50+ million-dollar renovation and redevelopment completed in 2022


  1. Located on the prime corner of Brattle Street, John F. Kennedy Street and Massachusetts Avenue with unparalleled traffic and visibility


  1. Value-add opportunities through lease up of over 17,700 SF and a projected 5-year CAGR of 2.84%
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