(For more retail coverage, click GlobeSt.com/RETAIL and toread more on the multifamily market, click here.)
BOSTON-A joint venture between Cornerstone Real Estate Advisersand the Fallon Co. has secured $110 million in financing for arecently completed two-building luxury apartment complex inBoston's Seaport District called Park Lane Seaport.
Located on two parcels on Seaport Boulevard along the SouthBoston waterfront, the complex includes 465 apartment units withviews of Boston Harbor or the city skyline. There will also be20,000 sf of restaurant and retail space along with communityamenities that include a rooftop terrace, fitness center, clubroom,conference room and 480-space underground parking garage. Theproperty, which is currently more than 60% leased, will include aLegal Seafood's Test Kitchen and Sal's Italian Trattoria.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
