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Boston & New England  + Massachusetts  + Apartments  | 

Equity Residential Bags $185M Boston South End MF

Equity Residential acquired Troy Boston, a 378-unit, Class A apartment high-rise community located in Boston, from a fund advised by Portland, OR-based Gerding Edlen. The $185-million complex at 55 Traveler St. opened in March 2015 and consists of one 19-story high-rise apartment tower, a second 11-story mid-rise apartment tower with numerous amenity spaces, and a four-story parking garage.

CBRE/New England’s Simon Butler and Biria St. John exclusively represented the seller. The sales price was not disclosed.

CBRE’s Butler notes Gerding Edlen “saw the vision for what this part of the South End could be. It was a transformative development that completely changed the neighborhood into a vibrant mixed-use neighborhood. Troy Boston is located in Boston’s dynamic South End neighborhood, and represents a best-in-class asset with a cutting-edge design, breathtaking views of the city and exceptional access to downtown Boston, Back Bay and South Boston.”

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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