Boston, June 19, 2017 – Colliers International’s Capital Markets group announced today that it will bring to market Adams Village, an 88-unit, value-add apartment community in Dorchester’s Adams Square neighborhood. A short walk from the Ashmont Red Line MBTA station and all of the new dining and amenities offered in Adams Square, the 4-story sister buildings at 725-735 Adams Street offer 87 total parking spaces to accommodate its diverse unit mix of 29% two-bedrooms, 47% one-bedrooms, and 24% studios. Within the last two years, ownership replaced boilers, electric and windows, redesigned the common areas, rolled out new laundry facilities, and renovated almost thirty-percent of the units, most of which boast great outdoor space in the form of private balconies.
"Adams Village provides quality, multifamily product to the densifying Dorchester community,” noted senior vice president and multifamily specialist Christopher Sower. “Investors should appreciate that it’s well-equipped to benefit from today’s strong demand for transit-oriented, value-add product."
Working alongside Sower on the sale are assistant vice president Jen Price, associate Jonathan Bryant, and senior client services specialist Maggie Collins. Co-Chairman Kevin Phelan and senior vice president Stephen Horan will provide financing support on the listing.
About Colliers International Group:
Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIGI is an industry leading global real estate services company with more than 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.
Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 11 consecutive years, more than any other real estate services firm.
For further information, please contact:Christine Comey Lewis
InkHouse for Colliers International, Boston