Email Signal Teaser
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Transcript of Email Signal Teaser
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75-Unit class a apartment BUilding
Boston, massachUsetts
f o r s a l e
745 Boylston StreetBoston MA, 02116
p. 617.375.7900
f. 617.536.9566www.bradvisors.com
75-unit luxury loft-style apartment building
stabilized core investment opportunity
currently 95% occupied
outstanding in-fill location, just minutes from the financial district and the vibrant seaport neighborhood of boston
superior amenity package featuring private and common rooftop terraces with unrivaled harbor/city views, elevatored buildingand garage parking
unsurpassed finishes: italian kitchens with custom cabinets, stainless steel appliances, granite counter tops, marble bathrooms,hardwood floors, laundry in unit, central a/c, 15 foot ceilings (select units), brick and beam exposures (select units) and privateroof decks (select units).
outstanding subway access to bostons financial district, back bay and logan airport
condo conversion exit opportunity to convert units to condos with minimal conversion costs
property highlights
hristopher d. sowerManaging Director & Partner
17.850.9633
Jason s. weissmanFounder & [email protected]
THE
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ProPerty overview
75-Unit class aapartment BUildingthe signal bu ilding , boston, ma
Bs ral Adss as b xclusl ad
mak t Sgal Buldg Bs, MA.
The Signal Building is a 75-unit luxury loft-style, urban inll transit
oriented apartment community located in Boston Massachusetts.
The Signal Building was designed to cater to the high-tech/high-style
renter looking for the latest innovations in luxury living with a hip
Boston location. Located just minutes from downtown Boston, The
Signal Building offers residents unparalleled access to employment,
transportation and all the lifestyle amenities that Boston has to
offer. Located approximately one mile from downtown Boston, theproperty is blocks from the Broadway MBTA Red Line station,
providing access to Boston and Cambridge, and one-half mile from
both I-90 (Mass Pike) and Interstate 93, offering outstanding access
to Bostons Financial District, Back Bay and Logan International
Airport.
Due to its exceptional quality of life, cultural offerings, diversied
employment and well-developed infrastructure, Boston is
considered one of the nations most desirable areas to live and
work. Contrary to the national economy, the Boston market
continues to expand in the areas of education and health services
and professional, scientic and business services having added over
64,300 jobs since December of 2009. Massachusetts is the nations
epicenter for biotechnology, with over 300 biopharmaceutical
companies located in the state. Biotechnology in Massachusetts
is highlighted by industry leaders such as Wyeth, Genzyme
Corporation, Biogen Idec, Millennium Pharmaceuticals, Amgen,
Novartis, Pzer, Abbott, Astra Zeneca, and Merck to name a few.
The Signal Building represents a complete redevelopment of an
existing loft industrial building plus the addition of two new wings
encompassing 75 units. Originally built in 1920, this four-story
building is now a striking example of urban loft styling. Exclusive
apartment homes just minutes from the Boston CBD create some
of the nest in apartment living in Boston. With exposed brick
walls (select units), original wood beams (select units), Italia
kitchens with custom cabinets, stainless steel appliances, granit
counter tops, marble bathrooms, laundry in unit, central A/C, 1
foot ceilings (select units) and private roof decks (select units). Th
Signal Building has much more to offer than a traditional apartmen
building. The unit mix includes six (8.0%) studio apartments (63
SF), 43 (57.3%) one-bedroom apartments (943 SF) and 25 (33.3%
two bedroom, two bath apartments (1,524 SF), and 1 (1.3%
three bedroom, two bath apartment (2,131 SF) with an averag
apartment size of 1,128 square feet. Community amenities includ
a panoramic common roof deck with views of the Boston skylin
and waterfront.
As a luxury living community, with unsurpassed unit designs an
nishes, The Signal Building is ideally suited to realize the gain
fueled by a tightening rental market. In addition, the current nishe
ideally position the property for a condo conversion exit strateg
We are offering this unique investment opportunity for sale on a
unpriced basis.
We will be conducting tours over the next several weeks with
call for offers to follow.
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$/s$1.86$3.00$1.45$2.80$1.2$2.36$1.95$2.37$2.57
$1.5
u sf64 262 496 194 0
1,3141,5332,1311,1281,160
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m. r$1,194$1,875$1,393$2,635$1,593$3,614$4,150$2,784$2,979
$1,349
unit mix the signal building
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interior PhotoS
75-Unit class aapartment BUildingthe signal bu ilding , boston, ma
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thesignalBUildingBoston.com
christopher d. sowerManaging Director & [email protected]
Jason s. weissmanFounder & [email protected] 745 Boylston Street Boston M
p. 617.375.7900 f. 617.536.9
75 units/84,577 SF
36,342 SF
1920 - Original construction; 2010 Redevelopment/New Construction
The property consists o a U-shaped our-story building and includes an original brick an
beam building (along B Street) and two new wings (along West 1st & West 2nd).
Flat roo with rubber membrane
Individual gas-fred Goodman HVAC units with pad or roo mounted condensers th
provide orced hot air and central A/C.
Exposed brick walls (select units), original wood beams (select units), Italian kitchens w
custom cabinets, stainless steel appliances, granite counter tops, marble bathrooms, laund
in unit, central A/C, 15 oot ceilings (select units) and private roo decks (select units).
74 Tandem Garage Spaces26 Single Garage Spaces
100 Tt Scs (1.3 scs/ut)
UniTS/neT
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THE
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