BOSTON – Cushman & Wakefield announced that the real estate services firm has been selected to market 400 West Broadway, a residential development opportunity located along the West Broadway corridor of South Boston, MA.
The project calls for the construction of a 5-story, 38-unit (36 residential and two retail) residential building. When complete, 400 West Broadway will offer future residents access to a dynamic mix of amenities and transit options throughout South Boston and the Seaport. The property is also located within walking distance of the MBTA’s Broadway station, which connects South Boston to world class employers, universities and hospitals situated throughout Boston, Cambridge, and the South Shore.
“South Boston has proven to be one of the most resilient residential submarkets in New England during the COVID-19 pandemic,” said Chris Sower, executive managing director at Cushman & Wakefield. “The neighborhood’s proven fundamentals, coupled with numerous upcoming transformative development projects that will ultimately bring thousands of jobs to the immediate area, will continue to make South Boston an extremely attractive residential investment market.”
The Cushman & Wakefield team of Chris Sower, Bruce Lusa, Jonathan Bryant, John Flaherty and Kevin Jones will market the opportunity on behalf of the seller, a partnership between Wallace Properties and Boston Property Ventures.