News: Owners Developers & Managers

The Dolben Co. assumes management of The Reserve at Burlington

Burlington, MA The Dolben Company, Inc. has assumed the management of The Reserve at Burlington, a brand-new community. Located off Cambridge St. in an established office park, the property is sited less than one mile from Lahey Hospital and the Burlington Mall. The Davis Companies is developing the property in partnership with Principal Real Estate Investors; The Reserve represents Dolben’s first management assignment with this client.

The Reserve consists of 270 units with a mix of studio, one, two, and three-bedroom apartment homes. Amenities include: Three outdoor courtyards, a 24-hour fitness center, pool with sundeck and grilling areas, a living wall, and a multitude of resident work and lounge spaces. Additional amenities include a pet spa, Amazon Hub package management system, and covered parking with electric car charging stations. The apartment homes feature upscale finishes, with kitchen islands and glass-enclosed showers. First occupancy is expected in October.  

Thomas Beaton, senior vice president, management, said, “We are delighted to be managing The Reserve. The property is ideally located for commuters, and offers an unparalleled amenity package. We have already seen a great deal of interest from the market, and are looking forward to an accelerated lease-up.”

Gary Hofstetter, senior vice president of the Davis Companies, echoed Beaton’s sentiments, said, “Principal Real Estate Investors and the Davis Companies chose The Dolben Company to provide full property management services, and their insight has been integral and valuable in the design, marketing and leasing for The Reserve at Burlington. Their pre-advisory services, coupled with their professional management services, are the perfect match for The Reserve at Burlington.”

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