Investment Sale Team Will Market 9-Acre Waterfront Development Opportunity Along with Portion of Existing Space
The DeNormandie Companies has hired NAI Hunneman as the exclusive agent for a 9-acre waterfront development parcel on Lewis Wharf, along with 30,000 square feet of existing condominium space in the Granite Building in Boston’s North End.
The NAI Hunneman investment sales team of Senior Vice Presidents Scott Dragos and Doug Jacoby, along with associates Sean Ryan and Mitch Levey, will market the parcel. Lewis Wharf, originally built in the 1800s, was once the center of Boston’s shipping and trading industry.
Lewis Wharf, previously Hancock's Wharf, was built in 1840 at the site of Paul Revere’s original blacksmith shop by Thomas Hancock, uncle of John Hancock. Architect Carl Koch renovated the granite and timber building into housing in 1973, making Lewis Wharf the first of Boston’s waterfront warehouses to be converted to residential space.
The DeNormandie Companies purchased the wharf from Koch’s estate. It currently has 90 residential units on four floors and 41 commercial units on the first two floors.
"As seen throughout the city, there are few parcels left that offer potential buyers such a wonderful opportunity in a community like the North End. It’s an exciting deal to work on," Jacoby said.