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REGARDING LEASING,
please email us at
leasing@newbostonfund.com
or call 1.866.DIAL.NBF

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One Alewife Center
Cambridge, MA 02140

Acquired

11/5/1999

Location

One Alewife Center is located in the Alewife section of Cambridge, at the intersection of Route 2 and Alewife Brook Parkway. The property offers convenient access from Boston`s affluent suburbs to the north and west, including Belmont, Lexington, and Concord.

Description

One Alewife Center is an 89,875 square foot, four-story Class A office building developed in 1988.

Investment Rationale

Below replacement cost pricing
Attractive going-in returns to equity based on in-place leases which were significantly below market rates
Re-tenanted approximately 70% of building within six months after purchase at higher rents
Excellent potential for significant capital appreciation
Highly desirable address in one of the country`s most appealing office markets
Significant barriers to new development

Fund Ownership

Fund IV, Fund V

Map

For more information regarding properties for sale, please email us at sales@newbostonfund.com or call 1.866.DIAL.NBF