News: Owners Developers & Managers

Cushman & Wakefield arranges $25.45 million sale
of Hillside Residences

Quincy, MA Cushman & Wakefield has arranged the sale of Hillside Residences, a 60-unit, luxury class A multifamily building located at 23 Bridge St. The final sale price was $25.45 million.

Cushman & Wakefield’s Chris Sower, Bruce Lusa, John Flaherty, Jon Bryant, Kevin Jones, Julie Regan and Mary VanNatta represented the seller, Boston Property Development. The property was acquired by Comar Real Estate Trust.

“Hillside Residences is a fantastic addition to Comar Real Estate Trust’s portfolio,” said Sower. “Quincy’s vibrant atmosphere and its growing appeal as a residential market make this transaction very exciting.”

Hillside Residences consists of a mix of studio, one-bedroom, two-bedroom and four-bedroom units with balconies featured in select units. The property boasts market-leading amenities in both the common areas and within the individual units, including a fitness center, a roof deck with views of the Boston skyline, spacious community areas, under-building garage parking and well-appointed unit interiors.

Hillside Residences is located half a mile from the Quincy Center MBTA station, providing residents with access to downtown Boston via the MBTA Red Line subway and Commuter Rail. The property is also located near the area’s major roadways including I-93, Rtes. 128/I-95 and Rte. 3, which provides the location access to all points of the Greater Boston area and beyond.

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