Jones Lang LaSalle Americas, Inc. (JLL) is pleased to offer, on an exclusive basis, the fee simple interest in 50 Cambridge Street, a 1.4-acre parking lot adjacent to the Sullivan Square MBTA station in Charlestown, one of Boston’s most rapidly developing submarkets just 1.5 miles from Downtown. The site is a prime development opportunity appealing to multiple uses, including multifamily or commercial, and is located within an emerging Life Science node adjacent to Interstate 93.
The Charlestown/Somerville corridor is highly regarded as one of the major urban in-fill locations capable of attracting and retaining young talent. The location features many of the same demand drivers, trends and demographics as the adjacent and high-performing Cambridge and Somerville markets which continue to densify. The opportunity is being offered free and clear of existing debt and without an asking price.
- Irreplaceable location
- Surrounded by transformative new developments
- Steps from Sullivan Square MBTA Station
- Abundant nearby amenities
- Only eight minutes to Logan Airport