Previous Representative Properties Experience

Office/Industrial – North Reading

443,000 sf Office/Industrial Building
The initial acquisition of 350,000 sf of office and industrial space was on 34 acres with an option on an additional 41 acres. The land option was exercised and the development of a 93,000 sf build-to-suit was completed along with obtaining approvals for the future development of an additional 450,000 sf.   The entitled land was sold to a user that developed the balance of the park.

Development Project – Cambridge

110,000 sf Mixed-Use Office, Residential and Retail
This project represents a complex mixed-use development in the heart of Cambridge. After sensitive negotiation with City agencies and abutters, a mixed-use project was approved through a special permit allowing retail, office and residential uses in this eclectic development featuring historic renovation, stick frame construction and a ground-up, cast-in-place concrete and masonry structure.  The project received a preservation award from the City of Cambridge.

Renovation Project – Boston

50,000 sf Office Renovation Project
This building was acquired as an existing 50,000 sf warehouse building dating from the 1890’s. It was converted to first-class office space through a complete renovation of the building.The building was initially occupied by a state agency.

Office Building – Boston

50,000 sf Office Building
This property was acquired to maximize the value through new tenanting and moderate upgrades to the building.  The building was repositioned and under agreement for sale to a new buyer within twelve months of acquisition.

Office Development Project – Boston

150,000 sf Office Development Project
This development project was the conversion of a turn-of-the-century, 440-room hotel building to first-class office space and ground floor retail by way of a gut-renovation and core addition in the rear light well. 20% historic tax credits were obtained for this project, as a historic structure of approximately 150,000 sf.

Redevelopment Project – Brighton

330,000 sf Building Redevelopment
This project encompassed the redevelopment of a former car manufacturing facility into a mixed-use, 186 unit residential units, 75,000 sf of retail space and roughly 200 car parking.

Office Renovation Project – Boston

20,000 Office Renovation
One of only two cast iron facades in the City of Boston, this circa 1880s building was renovated to provide quality office space to smaller tenancy in the historic heart of Boston’s business district.

Office, Residential & Retail Renovation Project – Boston

120,000 sf Mixed-Use Office, Residential and Retail Renovation Project
This historic building of approximately 130,000 sf was converted from retail and office to retail, office and residential (upper 9 floors, 94 residential units). The complete renovation of the entire building was undertaken with separate systems (mechanical, electrical and plumbing) that allowed for commercial and residential zones. Historic tax credits were achieved here through the National Park Service program.

Development Project with Historic Rehab – Boston

21,000 sf Office Development Project
This building was a complete gut-renovation for a single tenant use. The project was undertaken as a historic rehabilitation, which qualified for the full 20% historic tax credits.  The building is six stories and approximately 21,000 sf.

The principals’ involvement with the projects depicted on these pages occurred prior to their current employment with Cresset and is presented for informational purposes only to illustrate the principals’ previous experience in real estate development. 

Comments are closed.