Boston Realty Advisors is exclusively retained to sell the DTX Portfolio. This extraordinary rarely available offering consists of thirty (30) residential units and four (4) retail spaces spread across two completely renovated best in class buildings in one of the most dynamic neighborhoods in Boston. The DTX Portfolio is comprised of 40-46 Winter Street, and 37-43 Temple Place.
The residences range from studios to four bedroom units and feature premium finishes, “brick and beam” style layouts and extraordinary ceiling heights. Recently renovated, these notable assets present investors with the opportunity to acquire a piece of the fabric of Boston, while benefiting from the continued revitalization and gentrification of the Downtown Crossing neighborhood. Ideally positioned in Downtown Crossing, between the Financial District and the Boston Common, the DTX Portfolio is surrounded by the city’s most dynamic office submarkets, drawing from a deep employer base. In addition, the buildings are steps to multiple MBTA stations, providing easy access to rapid transit and immediate access to the vast amenities throughout Boston.
The DTX Portfolio represents the unique opportunity to purchase a large portfolio in an iconic Boston location. The portfolio is offered for sale on an unpriced basis. We will be conducting tours of the property in the upcoming weeks with a “call-for-offers” to follow.
Within walking distance to high profile, ultra-luxury projects such as Millennium Tower, the upcoming 691-foot-tall tower at Winthrop Square, and the 2.5 million square feet approved South Station Air Rights project, the DTX Portfolio stands to benefit from the continued growth and increased capital injection/appreciation into the immediate area.
Stable Income & Upside Potential
The residential component of the buildings have historically maintained 100% occupancy and the retail component features strong in-place income and tenancy from tenants such as Game Stop and Gordon’s Liquors with the potential to lease currently available space. The immediate Downtown Crossing retail market is driven by some of the highest pedestrian foot traffic counts in the Northeast driving current and future demand making the DTX Portfolio offering truly unique.
Redeveloped, Historic Asset
Both buildings feature sleek and modern apartments with iconic architectural detail. Recently renovated, these loft-style apartment buildings feature units with exposed brick-and-beam interiors, high ceilings, new building systems, and large windows that allow an abundance of natural light and expansive streetscape views down Winter Street and Temple Place.
Transit Oriented & Amenity Rich
Situated on Winter Street and Temple Place, these assets are ideally located in the heart of downtown Boston and at the center of the Boston public transit system. The assets are only one block from the MBTA Red, Green and Orange Lines, and just an 8 minute walk to the Blue Line. The properties provide seamless rapid transit access for residents to every employment center in Boston, Cambridge and beyond. The buildings are also steps to area amenities such as the Boston Common, an abundance of retail options throughout Downtown Crossing, and walking distance to the Financial District and Back Bay.
andrew b herald
Managing Director & Partner
Nicholas M Herz
Managing Director & Partner
Jason s Weissman
Founder & Senior Partner