Client Success

Congratulations to our client, Boylston Properties, on the $96.25 million purchase of 615 Arsenal St. in Watertown, MA

February 7, 2022

Sherin and Lodgen congratulates our client, Boylston Properties, on their recent purchase of 615 Arsenal St. in Watertown, MA.  A joint venture of Boylston Properties and J.P. Morgan purchased the property, a 126,460 s.f. Home Depot store, strategically located between 500 Forge and the remaining retail, multi-family, and life science components of Arsenal Yards.  Financing was provided by Citizens Bank and Eastern Bank.  For more information, please read the full press release from Boylston Properties.

The S&L team, led by partners Paula G. Curry and Gary M. Markoff, represented the joint venture.  Sherin and Lodgen represents Boylston Properties and Arsenal Yards in condominium structuring, debt and equity financing, as well as retail, office, and lab leasing. Peter Friedenberg, Gary D. Buchman, Paula G. Curry, Steven D. Eimert, Gary M. Markoff, and Joshua M. Bowman, partners in the firm’s Real Estate and Corporate Departments, work on these matters on a regular basis.

About Boylston Properties 

Boylston Properties is a Boston-based real estate developer of mixed-use places including retail, residential, hotel, corporate, and life science lab buildings. With four decades of experience and a contemporary vision, their distinctive projects have become part of Greater Boston’s new urban landscape.