Transaction Experience


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R E P R E S E N TAT I V E TRANSACTION EXPERIENCE WALTHAM WATCH FACTORY, WALTHAM, MA Owned by a New York City family office since 1961, Hunneman was approached to identify and structure a joint venture with a Boston development partner to revitalize the 400,000 square foot Waltham Watch Factory. Developed in phases by the Waltham Watch Factory starting in the 1860s, the property consists of twenty-two interconnected buildings on 11.7 acres and holds the distinction of adorning the City of Waltham’s seal. Hunneman procured Berkeley Investments and facilitated a joint venture between the parties. In addition, Hunneman raised the construction financing that enabled the property to be redeveloped into 160 multifamily rental units, 161,000 square feet of office space, and approximately 6,000 square feet of restaurant space. WATERFRONT SQUARE, REVERE, MA Hunneman was retained by Eurovest Development to advise on the redevelopment of an 8.77-acre property along Revere Beach in Revere, Massachusetts. Located at the Wonderland MBTA Blue Line station, the site is permitted for 1,366,700 square feet in nine buildings, including 901 units of multifamily, 42,000 square feet of retail, and a 170-key hotel. As part of the assignment, Hunneman brought in five different developers to build-out the site, which when complete, will total in excess of $500,000,000 in infrastructure and ground up development making it one of the largest TOD projects in Massachusetts. 40 WARREN STREET, CHARLESTOWN, MA Hunneman procured the buyer DLJ Real Estate Capital Partners and arranged the construction financing to convert the 40,000 square foot building into a firstclass office building in the Charlestown neighborhood of Boston. Originally, the building was designed as a two-story parking garage with a single level of office space above. Once renovated, 40 Warren will provide two-levels of office space above two-floors of parking totaling approximately 51,000 square feet.

303 CONGRESS STREET | BOSTON, MA 02210 | 617.457.3400 | HUNNEMANRE.COM

R E P R E S E N TAT I V E TRANSACTION EXPERIENCE TEN ESSEX STREET, CAMBRIDGE, MA Hunneman was retained by 3MJ Realty to underwrite the development returns and raise the construction financing to construct this 46-unit ground up development in the heart of Central Square Cambridge.

THE GRAPHIC, CHARLESTOWN, MA Hunneman was hired by a private family to assess whether they should sell or contribute their Sullivan Square commercial property towards a joint venture. After extensive analysis of the market and potential returns, Hunneman was hired to arrange a joint venture for the redevelopment of 32 Cambridge Street into 171 multi-family residential units. In addition to identifying and structuring the joint venture with a Boston based developer, Hunneman arranged the construction financing to bring the vision to a realty. HICHBORN STREET, BRIGHTON, MA Hunneman was retained by D2 to raise predevelopment financing to acquire the land and obtain the entitlements for this 46-unit condominium development. As a follow-on assignment, Hunneman was hired to raise preferred equity and place the construction loan to finance the ground-up development. THE HOLMES BUILDING, CAMBRIDGE, MA Hunneman was retained by a family trust to arrange 20-year fixed rate permanent financing for this 97-unit multifamily property in the heart of Central Square Cambridge.

303 CONGRESS STREET | BOSTON, MA 02210 | 617.457.3400 | HUNNEMANRE.COM

R E P R E S E N TAT I V E TRANSACTION EXPERIENCE THE CONRAD APARTMENTS, BOSTON, MA Hunneman arranged construction/permanent financing for the build-out of 27 luxury apartments in Boston’s Downtown Crossing neighborhood. In addition to the upscale residences, the 70,000 square foot property includes 35,300 square feet of retail space along Washington Street. Primary retailers include CVS and Planet Fitness.

HOWLAND DEVELOPMENT INDUSTRIAL PORTFOLIO Hunneman was retained to procure long-term fixed rate financing or a six-building industrial portfolio located in the 128-North submarket. The six buildings totaled 380,000 square feet and were located in three North Shore communities.

110 SHAWMUT ROAD, CANTON, MA Hunneman was retained by Grander Capital Partners to arrange acquisition financing for this 70,350 square foot flex building in Canton, Massachusetts. The flexible financing facility included additional funding for capital improvements and leasing costs to stabilize the property.

11 CENTENNIAL DRIVE, PEABODY, MA Hunneman was retained to arrange ten-year fixed rate financing for a high-bay industrial distribution building in Peabody’s Centennial Park. The building was leased to a single, investment grade tenant with a five-year lease.

303 CONGRESS STREET | BOSTON, MA 02210 | 617.457.3400 | HUNNEMANRE.COM

R E P R E S E N TAT I V E TRANSACTION EXPERIENCE 306 NEWBURYPORT TURNPIKE, ROWLEY, MA Hunneman arranged ten-year fixed rate financing for the acquisition and expansion of this 112,400 square foot, class A, warehouse/distribution building in Rowley, Massachusetts. The loan facility provided funding for a 40,000 square foot addition to the building, which was occupied by a single tenant under a ten-year lease.

NINE CHANNEL CENTER, BOSTON, MA Hunneman was retained to arrange financing to accommodate the acquisition and renovation of a former brick and beam industrial building in the popular Channel Center neighborhood. Today the building provides 70,350 square feet of vibrant office and ground floor retail space.

299-301 BALLARDVALE STREET, WILMINGTON, MA Hunneman teamed up with Berkeley Investments to acquire this non-performing REO asset from a special servicer. After successfully negotiating the purchase of the three-building, 309,000 square foot portfolio, Hunneman arranged a bridge loan to enable Berkeley Investments to acquire the assets and funds to renovate the buildings and lease vacant space.

NORWOOD GARDENS, NORWOOD, MA Hunneman was retained by Chestnut Hill Realty to procure long-term fixed rate financing from a life insurance company. The facility was utilized to refinance the existing mortgage and allow for on-going capital improvements to the 344-unit property.

303 CONGRESS STREET | BOSTON, MA 02210 | 617.457.3400 | HUNNEMANRE.COM

R E P R E S E N TAT I V E TRANSACTION EXPERIENCE RIDGECREST VILLAGE, WEST ROXBURY, MA Hunneman was retained by Chestnut Hill Realty to procure long-term fixed rate financing from a life insurance company. The facility was utilized to refinance the existing mortgage and allow for ongoing capital improvements to the 401-unit multifamily property. 64 PLEASANT STREET, WATERTOWN, MA Hunneman was retained by Sasaki Associates, Inc. to arrange permanent financing for their corporate headquarters building in Watertown, Massachusetts. The facility included funds to complete a renovation of the 98,000 square foot brick and beam building.

173 ENDICOTT STREET, BOSTON, Hunneman was retained to arrange acquisition and construction financing for the ground-up development of this four-unit North End luxury condominium project.

206-214 NEWBURY STREET, BOSTON, MA Hunneman was retained, on a consulting basis, to provide an extensive review of this Boston landmark asset by a family trust. The assignment included multiple scenario analyses of different leasing, redevelopment, and sale scenarios to optimize the real estate strategy for the family. In addition to our capital raising expertise, this project is a good example of our ability to quickly analyze a project and provide the tools needed for our clients to make informed decisions.

303 CONGRESS STREET | BOSTON, MA 02210 | 617.457.3400 | HUNNEMANRE.COM

R E P R E S E N TAT I V E TRANSACTION EXPERIENCE THE APARTMENTS AT 37 TEMPLE PLACE Hunneman arranged acquisition and construction financing to convert this former office building into apartments. After stabilization, Hunneman arranged permanent financing for the 21,000 square foot property.

44 WINTER STREET, BOSTON, MA Hunneman was retained to procure acquisition financing for the two-building portfolio and later a construction loan to renovate the upper floors of the property into apartments.

ASHLAND BUSINESS PARK, ASHLAND, MA Hunneman was retained by Walker Development to originate acquisition financing for the purchase of 200 Homer Avenue in Ashland, Massachusetts. The property is a 281,000 square foot industrial mill property, which was constructed in phases from 1927 to 1963. As part of the permanent financing facility, Hunneman structured funds to pay for future leasing and capital improvement costs to the building.  

303 CONGRESS STREET | BOSTON, MA 02210 | 617.457.3400 | HUNNEMANRE.COM