Thorndike Exchange + The Heights at Haverhill

Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present the opportunity to acquire the Thorndike Exchange in Lowell, MA and The Heights in Haverhill, MA. Each property is 100% market rate and offers desirable luxury living experiences with high-quality finish levels, unmatched aesthetics, immediate access to public transit and highways, on-site amenities and vibrant walkable downtown locations.

Thorndike Exchange

Thorndike Exchange is the perfect blend of rustic and modern, featuring upscale amenities in a restored historic mill building. The property is a thriving mixed-use community in a prime commuter location in the heart of Lowell with direct connection to the MBTA Commuter Rail (Lowell Station) and easy access to I-495 and surrounding interstates. Featuring first class industrial style commercial, retail and residential spaces, the property offers a true live-work-play environment, and significant upside through the development of Phase 2 – the opportunity to double the unit count by building 65-87 additional units on the site, which has been approved by the City of Lowell.

The Heights at Haverhill

Standing 10 stories and completed in 2020, The Heights provides a one-of-a-kind living experience in the Boston suburbs. The building features high end finishes, hardwood floors and tall ceilings. Floor-to-ceiling windows create bright, airy space with loads of natural light. Modern kitchens with quartz countertops, lavish bedrooms and spa-like bathrooms. The Heights is the epitome of luxury living and, with its location on the banks of the Merrimack River, offers a spectacular setting year-round. Located in the heart of a vibrant downtown, residents have award-winning restaurants, a waterfront boardwalk and shops steps from their front door. Blocks away from the MBTA Commuter Rail (Haverhill Station) and close to Routes 495 and 93, the location is easily accessible and convenient to regional job hubs and shopping destinations throughout the Merrimack Valley and southern New Hampshire.

Process & Pricing

The properties are offered on an “as-is” basis and without a formal asking price. Investors are invited to submit bids on the properties as a portfolio or individually. Once investors have had an opportunity to review the offering materials and tour the properties, C&W will schedule a “Call for Offers”.