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Equity Residential Sells Gateway At Malden Center Multifamily In Malden Massachusetts For $97 Million

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SOLD
$97,000,000

Massachusetts

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MultiFamily
Sold 08/15/2025
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Property Image
SOLD

Equity Residential Sells Gateway At Malden Center Multifamily In Malden Massachusetts For $97 Million

14 Summer Street

See Similar Deals
MultiFamily
Sold 08/15/2025
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:MultiFamily
Transaction Type:Sale

The multi-family asset located at 14 Summer Street in Malden, MA was sold for $97 million. The complex, known as Gateway at Malden Center, is comprised of over 200 units and was constructed in the 1980s. It offers studio to two-bedroom units featuring high-end finishes.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $97,000,000
  • Seller: Mark J. Parrell
  • Seller's Company: Equity Residential
  • New Property Name: Arrive Malden
  • Market: Malden, MA

Mark J. Parrell represented the seller, Equity Residential, in this transaction. The deal reflects the ongoing demand for multi-family properties in the Malden market.

Players

Mark J. Parrell
Equity Residential
Mark J. Parrell
8 deals$857.9M volume
SELLER

Details

SOLD
IMAGE: Mark J. Parrell DATE: 08/15/2025 ADDRESS: 14 Summer Street MARKET: Malden, MA ASSET TYPE: MultiFamily SELLER: Mark J. Parrell - Equity Residential (@EquityRes) SALE PRICE: $97,000,000 NOTE: Equity Residential sold Gateway at Malden Center in Malden, MA for $97 million. The 200+ unit complex, now called Arrive Malden, was built in the 1980s and offers studio to two-bedroom units with high-end finishes.

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