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Mill Creek Residential Acquires Development Site At 250 Everett Street In Allston For $19M

Property Image
SOLD
$19,000,000
Mary VanNatta
Julie Regan
Andrew Herald
+ 4

Massachusetts

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Development Site79,279 SF
Sold 12/31/2025
the dealplayerscompscontact
Property Image
SOLD

Mill Creek Residential Acquires Development Site At 250 Everett Street In Allston For $19M

250 Everett Street

See Similar Deals
Development Site79,279 SF
Sold 12/31/2025
Mary VanNatta
Julie Regan
Andrew Herald
+ 4
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Development Site
Price Per Square Foot:$239
Total Square Footage:79,279 SF
Transaction Type:Sale

The transaction involved a development site located at 250 Everett Street in Allston, MA. The sale price was $19,000,000, and the site has a total square footage of 79,279, resulting in a price per square foot of $239.

Summary of transaction details:

The buyer in this transaction is Mill Creek Residential, which adds to their portfolio of development projects. The sellers were represented by a team at Cushman & Wakefield, indicating a collaborative effort among multiple individuals in facilitating this transaction.

Players

Bruce Lusa
Cushman & Wakefield
Bruce Lusa
62 deals$899.9M volume(617) 448-6308
BROKER
Christopher Sower
Cushman & Wakefield
Christopher Sower
79 deals$1B volume
BROKER
Andrew Herald
Cushman & Wakefield
Andrew Herald
16 deals$346M volume(617) 850-9619
BROKER
Julie Regan
Cushman & Wakefield
Julie Regan
42 deals$491M volume
BROKER
Mary VanNatta
Cushman & Wakefield
Mary VanNatta
42 deals$491M volume
BROKER
Ryan Mowery
Cushman & Wakefield
Ryan Mowery
9 deals$116.5M volume(617) 204-4151
BROKER
An Nguyen
Cushman & Wakefield
An Nguyen
9 deals$116.5M volume(951) 427-0985
BROKER
Cushman & Wakefield
Cushman & Wakefield
BROKERAGE
Mill Creek Residential
Mill Creek Residential
BUYER

Details

SOLD
IMAGE: Christopher Sower, Bruce Lusa, Andrew Herald, Ryan Mowery, Mary VanNatta, An Nguyen & Julie Regan DATE: 12/31/2025 ADDRESS: 250 Everett Street MARKET: Allston, MA ASSET TYPE: Development Site BUYER: Mill Creek Residential SELLER'S REP: Christopher Sower (@CSower1), Bruce Lusa, Andrew Herald, Ryan Mowery, Mary VanNatta, An Nguyen & Julie Regan - Cushman & Wakefield (@CushWake) SALE PRICE: $19,000,000 SF: 79,279 ~ PPSF: $239 &Wakefield

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Deal Type
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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$67,502.99
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