Only one block from the MBTA Transit Station and 25 minutes to downtown Boston, we transformed this conveniently located multifamily property into a highly desirable luxury apartment building through renovations and rebranding.
Constructed in 2015, Halstead Malden Square includes 195 units and street level retail. Located in downtown Malden, MA, only one block from the MBTA Transit Station which offers residents a direct commute into downtown Boston. The property also provides easy access to the region’s major highways.
Since acquiring the property, we have added value with our Halstead brand concept. In addition to creating the Halstead Club, an amenity-rich resident lounge with a Karaoke studio, we converted a vacant retail space into a fitness center. This fitness center includes a fully equipped cardio and strength training gym, a yoga studio with Fitness on Demand, a Peloton Bicycle spinning room, and a virtual golf suite. We also created a brand-new lobby, leasing office, business center, and individual conference rooms. In addition, we updated the expansive outdoor courtyard area with lush landscaping, cabanas with televisions and added a bocce court and an assortment of outdoor games. We also upgraded the resident corridors with new paint and carpet.
The asset has now been re-branded as a premier multi-family rental community in the market, with market leading amenities and outstanding access to the major employment centers in the region. Most importantly, we are providing a luxury rental community at a significant rent discount to similar properties in downtown Boston.