THE POINT 845 Nantasket Ave.
Westerly sourced the site off-market, led due diligence, and is now taking the project through entitlements, having identified a local development partner for vertical execution
Role Sponsor
Location Hull, MA
Use Residential + Marina
Size 3 acres | 20,000 sq ft
Status Permitting
BANNER PARK 60 Columbian St.
Westerly acquired the site alongside a family office and is managing entitlements of a 240-unit residential project, positioning it for sale or partnership with an institutional developer. In parallel, we leased an existing office building to a credit tenant to generate cash flow through the permitting process.
Role Advisor
Location Braintree, MA
Use Residential + Office
Size 30 acres | 300,000 sq ft
Status Acquired | Permitting
UNION POINT ATHLETIC CLUB 495 Shea Memorial Dr.
Westerly sourced and acquired the site through a foreclosure auction, and managed the buildout + leasing of an existing 18,000 SF building. The underlying zoning supports an institutional-scale multifamily project, positioned in the path of Brookfield's 1,400-acre redevelopment.
Role Sponsor
Location Weymouth, MA
Use Commercial
Size 3 acres | 18,000 sq ft
Status Acquired | Leased