Roxbury, MA Holliday Fenoglio Fowler, L.P. (HFF) has closed the sale and financing of The Williams Street portfolio, a renovated, three-building brownstone portfolio. The sale price and financing amount could not be disclosed.
HFF exclusively represented the seller and procured the buyer. Additionally, HFF worked on behalf of the buyer to secure the 10-year, fixed-rate acquisition loan through a local bank.
The HFF investment advisory team representing the seller was led by directors Adam Dunn and Michael Restivo. HFF’s debt placement team was led by director Patrick Keefe.
The Williams St. portfolio is located at 34, 38 and 40 Williams St., east of Northeastern University, in the rapidly expanding extension of Boston’s South End neighborhood. The properties are within walking distance to the Orange Line and Commuter Rail stations and are accessible to I-93, which provides access to the greater Boston area. Additionally, the properties are located proximate to some of the city’s largest employment, education and entertainment hubs, including the Longwood Medical Area, the South End and Fenway Park.