REDEVELOPMENT OPPORTUNITY IN THE CORE OF THE GREATER BOSTON SUBMARKET. sixty-six BOSTON. Winchester Street Newton, MA 3.

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1 NEWTON MASSACHUSETTS

2 BOSTON sixty-six REDEVELOPMENT OPPORTUNITY IN THE CORE OF THE GREATER BOSTON SUBMARKET 9 Boylston Street executive summary Colliers International is pleased to offer for sale 66 Winchester Street (the property or the building ) in Newton, Massachusetts. The 47,817 square foot building is currently home to the Boston Showcase company, whom will be vacating the property allowing potential investors access to redevelop a site in the core of the greater Boston submarket. The location of 66 Winchester Street, immediately adjacent to Route 9, two miles inside of Route 18, and eleven miles from downtown Boston in the Newton Highlands neighborhood, invites the potential of many different uses if the site were to be redeveloped or repositioned. Currently situated on a half acre of land, 66 Winchester is situated a quarter mile from the Newton Highlands T stop on the MBTA Green Line that provides direct service to Boston s Back Bay, South, and North Stations. 66 Winchester Street is being offered for sale with no formal asking price. Newton Highlands Eliot Station Winchester Street Winchester Street Newton, MA 3

3 sixty-six Winchester Street investment highlights CORE LOCATION Located in the N Innovation corridor, immediately adjacent to the bustling Route 9 corridor, 66 Winchester Street is in the path of progress being surrounded by evolving neighborhoods and commercial business centers. OPPORTUNITY Boston Showcase Company, current occupant of 47,817 square foot building, will be vacating the property allowing a redevelopment or repositioning of the property to take place. 47,817 SF BUILDING EXISTING FOOTPRINT Per current zoning by laws, the infrastructure at 66 Winchester cannot be recreated on the current lot allowing any adaptive reuse of the site to take advantage of the grandfathered in structure. TRANSIT ORIENTED 66 Winchester Street neighbors the Newton Highlands stop on the MBTA Green Line providing immediate access to Boston s Back Bay, North, and South Stations. 4 Winchester Street Newton, MA 5

4 NEWTON OVERVIEW sixty-six I-95 miles COMMUTER According to the 010 Census, Newton has a population of 85,146 residents and is the 11th most populous City in the Commonwealth of Massachusetts. Residents of the Garden City place a high value on residential quality of life and take pride in their best-in-class school system. Newton has a highly educated and professional resident workforce of approximately 40,000 people. In 014, CNN Money ranked Newton #4 on its list of Best Places to Live. MBTA EXPRESS BUS & BUS SERVICE ACCESS BY CAR TO I-90 4 miles 18 snap shot RAIL STATIONS Newton s land area of 17.9 square miles is all but fully built-out placing a significant barrier to entry and high value on dirt located within City lines. Newton, along with exceptional proximity to Boston, also offers direct transit access from downtown Boston, Cambridge, and Brookline. The City has three MBTA Commuter Rail Stations: Newtonville, West Newton, and Auburndale; eight MBTA Green Line T stations: Eliot station is located less than a quarter mile from 66 Winchester Street; and MBTA Express Bus and Bus services. Boston 11 miles BEST PLACES TO LIVE NEWTON IS RENOWNED AS A CITY OF THIRTEEN VILLAGES AND MUCH OF THE SIGNIFICANT COMMERCIAL ACTIVITY OCCURS IN THESE VIBRANT MIXED-USE CENTERS. The villages are home to distinctive shops, independent restaurants, neighborhood services, and professional offices, as well as civic buildings, places of worship, cultural organizations, and, in many cases, transit stations with direct service from downtown Boston. Newton also has two significant commercial corridors: Route 9/Boylston Street (home to Chestnut Hill Shopping Center, Chestnut Hill Mall, the Atrium Mall, and the recentlyapproved Chestnut Hill Square) and Needham Street, a commercial corridor with great opportunity for new development. Currently in a master planning process and will provide an important connection between Route 18/I-95 and Route NEWTON RANKED #15 FOR MBTA GREEN LINE STATIONS HOME TO 0 HEADQUARTERS ACRE RETAIL, OFFICE & EDUCATION CORRIDOR NEWTON BOSTON STREETS THAT 90 ENCOURAGE WALKING & BICYCLING 495 Winchester Street Newton, MA 7

5 INVESTMENT SALES DOUG JACOBY LEASING JOHN CARROLL III SCOTT DRAGOS JASON REXINIS TONY HAYES TIM MULHALL FINANCING JOHN BRODERICK DAN HINES Colliers International I 160 Federal Street Boston, MA 0110 I colliers.com This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s) All rights reserved.