East-Boston-OM

ORLEANS STON OPPORTUNITY

EXECUTIVE SUMMARY

Hunneman’s Capital Markets Group has been exclusively retained to sell 4 transit-oriented development parcels in East Boston, MA, totaling approximately 3.17 acres. The 4 parcels are located at 135B Bremen Street, 115 Bremen Street, 164 Orleans Street and 155 Orleans Street. The Bremen & Orleans East Boston Development Opportunity along the Greenway is a rare opportunity to acquire 4 parcels of land, ideally positioned for development, within walking distance to two popular MBTA Blue Line Stations; Maverick Square and Logan Airport. Over the last few years, East Boston has become one of the hottest residential development locations in and around Boston. The 4 parcels are unpermitted and are being sold on an “As-Is’ basis. The East Boston Greenway, a linear park planned along the old railroad right-of-way, which connects portions of East Boston’s historic waterfront to the Piers Park, the Boston Parks stadium and two Urban Wilds, runs adjacent to three of the 4 parcels. The East Boston Greenway is an attractive neighborhood amenity and adds over 12 acres of new park land and a 3.3-mile pedestrian/bike trail through the center of East Boston. We are offering this unique development opportunity for sale without a formal asking price. A “call-for-offers” date has been scheduled for Thursday, May 10th at 4:00 pm.

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