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Portfolio
The Courtyard / Cambridge
This mixed-use residential/commercial property, located on Massachusetts Avenue between Harvard Square and Central Square, comprises five conjoined buildings with 63 residential units and 33 parking spaces surrounding a secure landscaped courtyard. Seven commercial storefronts face...
120-130 Water Street / Boston
Located in the historic heart of Boston's Central Business District (CBD), this boutique commercial office property was initially rehabilitated in 1980 by a law firm that occupied the entire building. Cresset subsequently reconfigured the property to suit multi-tenancy in order to re-let in the marketplace....
30 Winter Street / Boston
This office building is a stable asset with a solid downtown Boston location. The property was fully leased at acquisition and purchased at a price well below replacement cost, with existing rents below market in an area of the city where more than $750 million of development is now...
21 Merchant's Row / Boston
Clarke's Restaurant, first established in the 1970's, is a Boston landmark. The proximity of this retail condominium to Faneuil Hall/Quincy Market offers all the benefits of the Marketplace while being exempt from the common area charges imposed on the adjacent retailers situated directly in...
245 & 265 Winter Street / Waltham
Built in 1985, this office space is located at the Winter Street exit off Rte. 128 and is recognized as an "A" location in the suburban/ Rte. 128 market. In 2000, a single tenant signed a lease for the entire building and spent approximately $200/s.f. to renovate the building into a first class level of interior...
The Bulfinch Hotel / Boston
Located in the downtown North Station neighborhood, the Bulfinch Hotel stands just blocks from Faneuil Hall and the Financial District. Cresset permitted a three-story addition to the existing six floors and the conversion to an 80-room hotel with a ground-floor restaurant and bar. The hotel is a Clarion...
Lincoln Plaza / Boston
Cresset purchased One & Two Lincoln Plaza in downtown Boston for $27,500,000 ($121/s.f.). The seller, Washington Mutual Bank, had recently taken the property back in a deed in lieu of foreclosure. The property is now configured as first-class office space, but is...
The 1850
Formerly the Allied Bolt & Screw building, Cresset intends to convert the 90,000 s.f. of space into 56 residential loft units with 25,000 s.f. of commercial/retail on the first and ground floors. The development will ultimately include one new six-story residential building with 30 residences...
Harborside Pier / Boston
Cresset's concept for the new development, situated on Jimmy's original footprint, will be designed to achieve a distinctly "Boston" ambiance within and around two new structures on a refurbished pier.
Boston Sports Club / Lexington
Cresset Lexington, LLC has acquired 475 Bedford Street (Route 225) in Lexington, MA. The asset is a 71,000 sf building on 9 acres net leased to Boston Sports Club which is part of Town Sports International (TSI) which operates 139 clubs in Boston, New York, Washington DC and Philadelphia.
New Street / East Boston
A 3.93 acre property located along the East Boston Waterfront on Boston Inner Harbor is near East Boston’s Maverick Square and the MBTA Blue Line Transit Station. This site has historically been used for industrial purposes. From the early 1900’s too the 1950’s, the site was used for storage.
Lincoln Mall / Lincoln
The Rural Land Foundation (RLF) has contracted with Cresset Development, LLC to redevelop a 178,000 sf site in Lincoln, MA. The site is located at 145 Lincoln Road, abuts a MBTA Train Station and includes 34,000 sf of buildings.
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