April 17, 2025 - 18:47
City Realty Group has successfully acquired the Chestnut Hill Office Park, a 5.34-acre property located along Route 9 in Brookline, for a substantial $41 million. The deal was finalized in May 2024 and marks a significant step towards the redevelopment of this existing four-building complex.
The project aims to transform the office park into a modern hub that meets the evolving needs of businesses and the community. With a focus on sustainability and innovative design, the redevelopment plans include upgrading the existing structures while incorporating new amenities that promote collaboration and productivity.
City Realty Group envisions creating a vibrant environment that not only serves the needs of tenants but also enhances the overall aesthetic of the area. The redevelopment is expected to contribute positively to the local economy by attracting new businesses and creating job opportunities. As the project progresses, it will be closely watched by both the real estate community and local residents eager to see the transformation unfold.
