Boston New Construction & Proposed Multifamily Projects 3Q17

Home , Bulfinch Crossing, Franklin Street (Boston)

ID PROPERTY UNITS 220 145 Thorndike Street 150 1 Elevation 492 221 Mercier 50 2 Balsam Place 192 222 Pleasant Street 100 4 Cirrus 398 223 113 Boston Post Road 60 6 Village at Clark Brook, The 144 224 Weston Quarry 345 11 Westerly, The 280 225 1205 Worcester 164 231 12 Paddock Estates at Boxborough 244 226 Concord Street & Kendall Street 196 17 Island Creek Village Phase III 120 227 Fabric Place Redevelopment 200 6 18 Veridian, The 95 228 Mount Wayte Plaza 240 19 Residences at Colcord Pond, The 91 229 70 Sprague Street 521 230 20 Counting House Lofts 71 75 230 Tri City Road & High Street 144 21 Residences at Joan's Farm, The 96 231 Apple Ridge 102 232 Pleasant Street 256 118 22 Edge Merrimack River 156 233 Bridge Street Waterfront Phase II - IV 522 25 Webster Village 76 234 Lexington Manor 97 26 Wallace Farm 240 235 Wayfarer Property 133 27 Modera Hopkinton 280 Orient Heights Redevelopment Phases Total Lease-Up 2,979 243 II - IV 253 56 31 Nova Residences of Quincy 171 244 Commons at Weiss Farm, The 264 35 Washington Mills Phase II 198 18 245 Ledges at Woburn 168 43 Avalon at the Hingham Shipyard 246 341 2nd Avenue 195 41 Phase II 190 43 River’s Edge Phase III 56 250 Devine School Redevelopment 92 19 251 230 Beal Street 300 235 46 Residences at Riverfront Landing 228 252 Bartlett Fields 234 123 26 47 Tremont at Third Avenue, The 115 253 Lodge at Andover 248 Phase II 120 51 Residences at Great Pond, The 234 254 39 Grant Street 79 52 Landing 53 172 255 Modera Marshfield 270 124 53 Mastlight, The 265 256 Simon Hill 126 122 257 Cranberry Village 234 55 Riverwalk Lofts Phase II, The 53 57 119 217 56 Frank Jones Brew Yard 68 Total Prospective 6,795 46 218 166 57 Franklin Street 168 233 232 109 Total Under Construction 1,918 107 108 58 115 Winthrop Square 300 234 167 168 100 Chestnut Place 124 55 101 East of Chestnut 220 171 219 102 Newport Avenue 100 253 35 104 44 Boston Street 117 221 222 220 105 60 Grove Street 141 22 21 106 Dodge Complex 63 112 20 107 98 Essex Street 62 169 2 214 108 Heights at Haverhill, The 100 110 111 213 109 Hill's Farm 175 152 163 110 Grist Mill 70 170 245 153 162 111 42 Wellman Street 240 104 105 112 Merrimack Street 163 206 151 12 47 244 106 113 Maynard Crossing 323 96 114 225 Crossing Blvd 360 247 205 58 115 Southwood Community Hospital 150 Redevelopment 113 246 243 116 93 Centre Street 100 117 Calamar Senior Housing 122 223 224 118 Village at Thornwood 204 119 Edgebrook Heights 168 228 225 254 120 Merrimack 240 114 102 121 Park Place at Merrimack 120 227 248 249 216 122 Wallace Farm Phase II 72 173 226 172 101 161 251 123 Wallace Farm Phase III 72 4 100 124 Woodmont Commons Phase I 286 1 41 151 Avalon at Hilltop 280 52 252 152 Reading Village 72 27 215 51 153 120 Commerce Way 292 250 161 Watson on Howard, The 140 165 257 162 112 Rantoul Street 70 164 229 53 25 115 163 480 Rantoul Street 90 255 164 Residences at Moose Hill 157 165 Revere Copper 60 11 116 166 One Boston Way 80 174 167 Tenney Place Phase II 72 17 168 Van Brodie Mill 103 169 Alpine Village 179 176 170 Broadstone 200 171 Broadway Village 278 175 172 Stony Brook Weston 154 173 Modera Framingham 270 174 Rosegate of Wrentham 220 175 Obery 56 176 Seaport at Cordage Park, The 204 Total Planned 7,069 205 Lynn Waterfront Complex 350 117 LEGEND 206 Hill Street Redevelopment 200 Lease-Up 213 10 Congress Street 62 214 211 Rantoul Street 84 Under Construction 215 Medfield Green 70 Planned 216 Union Street 100 217 Essex Street Mill 56 Prospective 218 Stevens Street Mill 80 219 Route 125 50 10 mi Source: Yardi Matrix

a Berkshire Hathaway and Leucadia National company Boston New Construction & Proposed Multifamily Projects 3Q17

ID PROPERTY UNITS 132 Waterside Place Phase II 307 133 Fenway Center 313 3 Beach House 234 134 Goddard House 149 5 Montaje 447 135 Bartlett Place 194 247 7 Royal Belmont, The 298 136 Tremont Crossing 727 8 Harlo, The 212 137 Whittier Street Redevelopment 576 37 9 Modera Medford 299 138 Dr. Michael E. Haynes Arms 51 95 10 Boston East 200 139 University Place 184 13 Portside at East Pier Phase II 296 140 1943 Dorchester Avenue 64 14 Avalon North Station 503 141 Mattapan Station 135 15 VIA 478 142 3200 Washington 73 16 Meriel Marina Bay 352 143 Parcel U 76 23 Hanover Alewife 213 144 Residences at Forest Hills 252 204 24 Nova Brighton 85 145 135 Bremen Street 94 Total Lease-Up 3,617 146 Mass + Main 283 3 28 Seaport Square Block M1M2 733 147 Residences at 249 Third Street 84 94 29 Albany Tower 211 148 89 Brighton 129 30 2nd Avenue Residences 390 149 Brighton Marine 101 32 Bradford, The 112 150 61 Locust Street 490 33 Residences at 399 Congress Street 414 82 34 Coppersmith Village 56 154 Elan Union Market 282 36 Clippership Wharf 398 155 Washington Place 161 37 Essex Landing 256 156 135 Wells Avenue 334 157 Newtonville Square 68 150 38 Residences at Boston Landing, The 295 158 Station at Riverside 290 9 39 Bulfinch Crossing 800 86 79 80 40 88 Cambridge Park Drive 254 159 1235 VFW Pkwy 84 42 Modera South Bay 475 160 Cote Village 76 7 23 5 194 44 Pierce Boston 240 Total Planned 16,172 40 45 345 Harrison 585 177 1115 Washington 100 81 243 48 Melnea Residences 50 178 North Point 2800 199 49 88 Ames 274 179 Back Bay South End Gateway 600 85 54 50 Port 45 105 180 Parcel 15 182 54 Park77 93 181 7 Channel 200 198 65 32 63 10 Total Under Construction 14,554 182 Boston Edison Power Plant Redevelop- 1588 59 Canvas, The 94 ment 34 60 Lagrange Street Tower, The 176 183 Epoch 501 650 237 126 200 145 61 Shawmut Avenue 155 184 Mary Ellen McCormack 1016 97 14 13 Archer / Donahue / Gleason Build- 185 Seaport Square Block G 340 178 62 75 197 125 195 ings Redevelopment 186 Seaport Square Block L3 225 207 98 83 193 63 Hood Park 177 187 Seaport Square Block L4 225 154 146 36 91 202 196 49 84 147 62 39 64 Hub on Causeway 440 188 White Building, The 50 208 236 132 65 Sullivan Square 171 189 2 Charlesgate West Tower 173 38 64 15 130 66 212 Stuart Street 133 190 Parcel 12 111 203148 89 58 66 187 67 181 West 1st Street 97 191 Viola Back Bay 85 149 60 59 70 68 87 West Broadway 65 192 3371 Washington Street 58 157 8 191 33 28 69 155 92 240 133 61 185 69 Seaport Square Block L5 225 193 DeNormandie Wharf 97 93 201 88 189 180 179 70 Seaport Square Block L6 250 194 Fairfield Chelsea Phase I and II 694 87 78 177 68 67 181 186 190 45 71 45 Worthington 395 195 Portside 1 - 4 160 24 90 239 44 72 Longwood II 115 196 Middle East 100 241 50 182 73 45 Townsend Street 322 197 Vivo Apartment Homes Phase II 127 137 128 127 129 72 136 74 13 Shetland Street 57 198 Cobble Hill Phase II 159 158 188 75 Dot Block 362 199 Residences at Assembly, The 219 99 71 29 48 183 131 76 Dr. Michael E. Haynes Arms Phase 50 200 South Street 400 242 238 II 201 139 - 149 Washington Street 250 135 184 77 3521-3529 Washington Street 132 202 Allston Yards 360 134 42 78 Beacon Street Hotel Development 155 203 Braintree Street & Rugg Road 262 138 74 Everett Harley Davidson Redevel- 204 Altitude Phase II 235 76 139 79 opment 284 73 207 385 Pleasant Street 58 142 80 Ocean Avenue 60 208 Arsenal Mill 503 81 Suffolk Downs 100 209 Center 128 East 400 82 Waterfront Square Phase IV-V 320 210 189 Hancock Street 610 192 75 83 161 First Street 129 211 Newbury Street 84 77 84 One Broadway 290 212 Quarry Hills 269 30 603 Concord at Fresh Pond Phase 85 II 50 236 One Bromfield Street 300 144 16 86 Residences at Alewife Station, The 320 237 One Charlestown 3200 238 Rio Grande Tower 165 209 249 87 101 Washington Street 70 143 88 37 North Beacon Street 87 239 1299 Beacon Street 74 89 44 - 55 Brighton Avenue 76 240 Babcock Place 62 156 90 Five Washington Street 118 241 Coolidge Residences at Brookline, The 320 242 Cypress at Brookline Hills 99 140 91 Icon, The 132 248 92 Parsons Crossing 60 247 Winchester North 95 248 Modera Needham 136 211 St. Gabriel's Monastery Redevelop- 159 93 ment 680 249 Hancock Village Project 368 210 94 Jefferson at Malden Center 325 Total Prospective 18,209 95 General Electric Site Redevelop- 1250 ment 160 141 96 Ironwood 55 97 Edison on the Charles 264 98 Watermills at Bridgepoint 99 99 Golda Meir House Renovation 197 103 LEGEND 103 Triple 9 Hillside 60 Lease-Up 125 Garden Garage 470 126 Ropewalk 97 Under Construction 127 575 Albany Street 650 Planned 128 Cosmopolitan, The 63 212 129 270 Dorchester Avenue 91 Prospective 130 Parcel K 304 131 Washington Village 248 10 mi Source: Yardi Matrix

a Berkshire Hathaway and Leucadia National company Boston New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 1 Elevation 7 Crown Colony Drive Quincy MA 02169 John Flatley Company Lease-Up 492 Quincy 04/30/2016 09/30/2018 08/03/2017 2 Balsam Place 100 Balsam Place Tewksbury MA 01876 Marc P. Ginsburg & Sons Lease-Up 192 Tewksbury 10/01/2016 04/30/2018 05/22/2017 3 Beach House 540 Revere Beach Blvd Revere MA 02151 Baystone Development Lease-Up 234 East Boston - Chelsea 06/01/2016 03/31/2018 07/31/2017 4 Cirrus 10 Cirrus Drive Ashland MA 01721 Campanelli Lease-Up 398 Framingham 08/31/2016 03/31/2018 07/15/2017 5 Montaje 520 Assembly Row Somerville MA 02145 Federal Realty Investment Trust Lease-Up 447 Somerville 09/01/2015 03/31/2018 06/07/2017 6 Village at Clark Brook, The 370 Old Dover Road Rochester NH 03867 Anagnost Companies Lease-Up 144 Rochester 01/01/2017 01/31/2018 07/01/2017 7 Royal Belmont, The 375 Acorn Park Drive Belmont MA 02478 O'Neill Properties Group Lease-Up 298 Lakeview 03/15/2015 01/31/2018 02/19/2016 8 Harlo, The 1350 Boylston Street Boston MA 02215 Skanska USA Lease-Up 212 Fenway Kenmore 08/01/2015 12/31/2017 09/18/2017 9 Modera Medford 5 Cabot Road Medford MA 02155 Mill Creek Residential Trust Lease-Up 299 Malden 03/01/2015 12/31/2017 08/07/2017 10 Boston East 126 Border Street Boston MA 02128 Trinity Financial Lease-Up 200 East Boston - Chelsea 06/01/2016 12/31/2017 08/03/2017 11 Westerly, The 50 Woodview Way Franklin MA 02038 Wood Partners Lease-Up 280 Foxborough 07/01/2016 12/31/2017 06/15/2017 12 Paddock Estates at Boxborough 1 Paddock Lane Boxborough MA 01719 TDI Real Estate Lease-Up 244 West Concord 04/01/2016 12/31/2017 05/22/2017 13 Portside at East Pier Phase II 50 Lewis Street East Boston MA 02128 Roseland Residential Trust Lease-Up 296 East Boston - Chelsea 01/18/2016 12/31/2017 02/17/2017 14 Avalon North Station 1 Nashua Street Boston MA 02114 AvalonBay Communities Lease-Up 503 North End - Charleston 10/28/2014 12/31/2017 08/01/2016 15 VIA 5 Fan Pier Blvd Boston MA 02210 Berkshire Property Advisors Lease-Up 478 South Boston 08/01/2015 11/30/2017 06/26/2017 16 Meriel Marina Bay 552 Victory Road Quincy MA 02171 MetLife Real Estate Investment Lease-Up 352 Quincy 08/05/2015 11/30/2017 04/24/2017 17 Island Creek Village Phase III 30 Tremont Street Duxbury MA 02332 Keith Properties Lease-Up 120 Marshfield - Pembroke 01/31/2017 10/31/2017 08/23/2017 18 Veridian, The 2454 Lafayette Road Portsmouth NH 03801 Mount Vernon Company, The Lease-Up 95 Portsmouth 11/21/2016 10/31/2017 08/15/2017 19 Residences at Colcord Pond, The 80 Epping Road Exeter NH 03833 Tuck Realty Lease-Up 91 Hampton 02/28/2017 10/31/2017 06/01/2017 20 Counting House Lofts 71 71 Jackson Street Lowell MA 01852 Winn Residential Lease-Up 75 Lowell 06/18/2016 10/31/2017 05/24/2017 21 Residences at Joan's Farm, The 100 Donny Martel Way Tewksbury MA 01876 A & M Land Lease-Up 96 Tewksbury 12/31/2016 10/31/2017 03/23/2017 22 Edge Merrimack River 1 Merrimack Plaza Lowell MA 01852 Vision Properties Lease-Up 156 Lowell 12/01/2016 10/31/2017 02/23/2017 23 Hanover Alewife 130 Cambridge Park Drive Cambridge MA 02140 Hanover Company, The Lease-Up 213 Cambridge - North 10/01/2015 10/31/2017 09/19/2016 24 Nova Brighton 1505 Commonwealth Avenue Brighton MA 02135 Shapiro, Andrian Lease-Up 85 Brighton 06/01/2016 09/30/2017 04/15/2017 25 Webster Village 295 Webster Street Hanover MA 02339 Orchard Knoll Lease-Up 76 Marshfield - Pembroke 06/15/2015 09/30/2017 02/15/2017 26 Wallace Farm 4 Bridle Path Londonderry NH 03053 Wingate Companies Lease-Up 240 Merrimack 03/03/2016 09/30/2017 11/09/2016 27 Modera Hopkinton 1 Lumber Street Hopkinton MA 01748 Mill Creek Residential Trust Lease-Up 280 Framingham 08/01/2015 09/30/2017 09/19/2016 TOTAL LEASE-UP 6,596 28 Seaport Square Block M1M2 NEC Seaport Blvd & East Service Road Boston MA 02210 Cottonwood Management Under Construction 733 South Boston 06/14/2017 02/29/2020 29 Albany Tower NEC Albany Street & Northampton Street Boston MA 02118 Trinity Financial Under Construction 211 South End 11/30/2016 01/31/2020 30 2nd Avenue Residences 2nd Avenue & A Street Needham Heights MA 02494 Toll Brothers Apartment Living Under Construction 390 Newton 06/21/2017 07/31/2019 31 Nova Residences of Quincy 1500 Hancock Street Quincy MA 02169 LBC Partners of Boston Under Construction 171 Quincy 06/01/2017 01/31/2019 32 Bradford, The 10 Common Street Belmont MA 02478 Toll Brothers Apartment Living Under Construction 112 Lakeview 09/13/2017 01/31/2019 33 Residences at 399 Congress Street 399 Congress Street Boston MA 02210 Crescent Heights Under Construction 414 South Boston 07/15/2017 12/31/2018 34 Coppersmith Village 75 Border Street Boston MA 02128 Neighborhood of Affordable Housing Under Construction 56 East Boston - Chelsea 08/28/2017 12/31/2018 35 Washington Mills Phase II 240 Canal Street Lawrence MA 01840 SMC Management Under Construction 198 Lawrence 02/01/2017 12/31/2018 36 Clippership Wharf 25 Lewis Street Boston MA 02113 Lend Lease Real Estate Under Construction 398 North End - Charleston 07/03/2017 11/30/2018 37 Essex Landing 1591 Broadway Saugus MA 01906 Touchette, Michael Under Construction 256 Reading 10/03/2016 10/31/2018 38 Residences at Boston Landing, The 125 Guest Street Brighton MA 02135 NB Development Group Under Construction 295 Brighton 02/01/2017 09/30/2018 39 Bulfinch Crossing 1 Congress Street Boston MA 02114 HYM Investment Group, The Under Construction 800 North End - Charleston 08/01/2016 09/30/2018 40 88 Cambridge Park Drive 88 Cambridge Park Drive Cambridge MA 02140 Hanover Company, The Under Construction 254 Cambridge - North 03/22/2017 09/30/2018 41 Avalon at the Hingham Shipyard Phase II 319 Lincoln Street Hingham MA 02043 AvalonBay Communities Under Construction 190 Cohasset 02/01/2017 09/30/2018 42 Modera South Bay 101 Allstate Road Dorchester MA 02125 EDENS Under Construction 475 Mid Dorchester 07/17/2017 08/31/2018 43 River’s Edge Phase III 86 West Hancock Street Manchester NH 03102 Anagnost Companies Under Construction 56 Manchester 07/24/2017 07/31/2018 44 Pierce Boston 188 Brookline Avenue Boston MA 02215 Samuels & Associates Under Construction 240 Fenway Kenmore 10/01/2015 06/30/2018 45 345 Harrison 345 Harrison Avenue Boston MA 02118 Nordblom Company Under Construction 585 Boston - Downtown 12/15/2016 05/31/2018 46 Residences at Riverfront Landing 70 Bridge Street Nashua NH 03060 SMC Management Under Construction 228 Nashua 01/01/2017 04/30/2018 47 Tremont at Third Avenue, The Phase II 32 2nd Avenue Burlington MA 01803 Nordblom Company Under Construction 115 Woburn 09/01/2016 04/30/2018 48 Melnea Residences 8 Melnea Cass Blvd Roxbury MA 02119 Urbanica Under Construction 50 Mid Dorchester 02/01/2017 02/28/2018 49 88 Ames 88 Ames Street Cambridge MA 02142 Boston Properties Under Construction 274 North End - Charlestown 04/16/2016 01/31/2018 50 Port 45 45 West 3rd Street South Boston MA 02127 Spaulding & Slye Investments Under Construction 105 South Boston 01/31/2017 12/31/2017 51 Residences at Great Pond, The 15 Pacella Park Drive Randolph MA 02368 Dolben Company Under Construction 234 Sloughton 06/01/2016 12/31/2017 52 Landing 53 37 Commercial Street Braintree MA 02184 Forest Properties Under Construction 172 Waymouth 06/01/2016 12/31/2017 53 Mastlight, The 10 Patriot Pkwy Weymouth MA 02190 John M. Corcoran and Company Under Construction 265 Waymouth 08/01/2016 12/31/2017 54 Park77 77 New Street Cambridge MA 02138 AbodeZ Under Construction 93 Cambridge - North 04/01/2016 10/31/2017 55 Riverwalk Lofts Phase II, The 210 Merrimack Street Lawrence MA 01843 Lupoli Companies Under Construction 53 Lawrence 08/01/2016 10/31/2017 56 Frank Jones Brew Yard 110 Brewery Lane Portsmouth NH 03801 Chinburg Properties Under Construction 68 Portsmouth 06/01/2016 10/31/2017 57 Franklin Street 34 Franklin Street Nashua NH 03064 Brady Sullivan Properties Under Construction 168 Nashua 07/15/2016 10/31/2017 TOTAL UNDER CONSTRUCTION 7,659 58 115 Winthrop Square 115 Federal Street Boston MA 02110 Millennium Partners Planned 300 Boston - Downtown 59 Canvas, The 533 Washington Street Boston MA 02111 Rafi Properties Planned 94 Boston - Downtown 60 Lagrange Street Tower, The 47 Lagrange Street Boston MA 02116 Matteson Companies Planned 176 Boston - Downtown 61 Shawmut Avenue 112 Shawmut Avenue Boston MA 02118 Davis Companies, The Planned 155 Boston - Downtown 62 Archer / Donahue / Gleason Buildings Redevelopment 33 Temple Street Boston MA 02114 David Raftery Planned 75 North End - Charleston 63 Hood Park 480 Rutherford Avenue Charlestown MA 02129 Catamount Management Planned 177 North End - Charleston 64 Hub on Causeway 80 Causeway Street Boston MA 02114 Boston Properties Planned 440 North End - Charleston 65 Sullivan Square 32 Cambridge Street Charlestown MA 02129 Greenbaum, Alan Planned 171 North End - Charleston 66 212 Stuart Street 212 Stuart Street Boston MA 02116 Transom Real Estate Planned 133 South End 67 181 West 1st Street 181 West 1st Street Boston MA 02127 Zagorianakos, Peter Planned 97 South Boston 68 87 West Broadway 87 West Broadway Boston MA 02127 Moore, Michael Planned 65 South Boston 69 Seaport Square Block L5 NEC Congress Street & Boston Wharf Road Boston MA 02210 WS Development Planned 225 South Boston 70 Seaport Square Block L6 NWC Congress Street & East Service Road Boston MA 02210 WS Development Planned 250 South Boston 71 45 Worthington 45 Worthington Street Boston MA 02120 Equity Residential Planned 395 Fenway Kenmore 72 Longwood II 95 Saint Alphonsus Street Boston MA 02120 Wingate Companies Planned 115 Fenway Kenmore 73 45 Townsend Street 45 Townsend Street Roxbury MA 02119 Kensington Investment Company Planned 322 Roxbury 74 13 Shetland Street 13 Shetland Street Roxbury MA 02119 Holland Companies Planned 57 Mid Dorchester 75 Dot Block 1207 Dorchester Avenue Dorchester MA 02125 Atlas Investment Group Planned 362 Mid Dorchester 76 Dr. Michael E. Haynes Arms Phase II 290 Warren Street Roxbury MA 02119 Cruz Companies Planned 50 Mid Dorchester 77 3521-3529 Washington Street 3521 Washington Street Boston MA 02130 New Boston Ventures Planned 132 Roslindale 78 Beacon Street Hotel Development 1200 Beacon Street Brookline MA 02446 Westbrook Partners Planned 155 Brookline 79 Everett Harley Davidson Redevelopment 1760 Revere Beach Pkwy Everett MA 02149 Post Road Residential Planned 284 East Boston - Chelsea 80 Ocean Avenue 90 Ocean Avenue Revere MA 02151 Antonelli, Gregory Planned 60 East Boston - Chelsea 81 Suffolk Downs 525 William F McClellan Hwy Boston MA 02128 HYM Investment Group, The Planned 100 East Boston - Chelsea 82 Waterfront Square Phase IV-V 800 Ocean Avenue Revere MA 02151 Eurovest Development Planned 320 East Boston - Chelsea 83 161 First Street 161 1st Street Cambridge MA 02142 Alexandria Real Estate Equities Planned 129 North End - Charlestown 84 One Broadway 1 Broadway Cambridge MA 02142 MIT Investment Management Company Planned 290 North End - Charlestown 85 603 Concord at Fresh Pond Phase II 603 Concord Avenue Cambridge MA 02138 AbodeZ Planned 50 Cambridge - North

Source: Yardi Matrix Boston New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 86 Residences at Alewife Station, The 195 Concord Turnpike Cambridge MA 02140 Criterion Development Planned 320 Cambridge - North 87 101 Washington Street 101 Washington Street Brookline MA 02445 Brookline Development Planned 70 Brighton 88 37 North Beacon Street 37 North Beacon Street Allston MA 02134 Mount Vernon Company, The Planned 87 Brighton 89 44 - 55 Brighton Avenue 55 Brighton Avenue Allston MA 02134 Hamilton Company, The Planned 76 Brighton 90 Five Washington Street 5 Washington Street Boston MA 02446 Ognibene, Paul M. Planned 118 Brighton 91 Icon, The 530 Western Avenue Boston MA 02135 Mount Vernon Company, The Planned 132 Brighton 92 Parsons Crossing 425 Washington Street Brighton MA 02135 Kandu Corporation Planned 60 Brighton 93 St. Gabriel's Monastery Redevelopment 159 Washington Street Brighton MA 02135 Cabot, Cabot & Forbes Planned 680 Brighton 94 Jefferson at Malden Center 200 Pleasant Street Malden MA 02148 Jefferson Apartment Group Planned 325 Malden 95 General Electric Site Redevelopment Lynnway & Harding Street Lynn MA 01905 Patsios, Charles Planned 1250 Lynn 96 Ironwood 215 Fairmount Avenue Lynn MA 01905 Procopio Construction Planned 55 Lynn 97 Edison on the Charles 20 Cooper Street Waltham MA 02453 Lincoln Property Company Planned 264 Waltham 98 Watermills at Bridgepoint 330 Pleasant Street Watertown MA 02472 World Realty & Development Planned 99 Waltham 99 Golda Meir House Renovation 160 Stanton Avenue Newton MA 02466 Jewish Community Housing for the Elderly Planned 197 Newton 100 Chestnut Place Chestnut Street & Cottage Avenue Quincy MA 02169 O'Connell Management Company Planned 124 Quincy 101 East of Chestnut 1400 Hancock Street Quincy MA 01269 Gate Residential Planned 220 Quincy 102 Newport Avenue 1 Newport Avenue Quincy MA 02171 Arista Development Planned 100 Quincy 103 Triple 9 Hillside 23 Bridge Street Quincy MA 02169 Boston Property Development Planned 60 Quincy 104 44 Boston Street 44 Boston Street Salem MA 01970 Blue Hawk Investments Planned 117 Peabody 105 60 Grove Street 60 Grove Street Salem MA 01970 Cabot Company Homes Planned 141 Peabody 106 Dodge Complex 203 Washington Street Salem MA 01970 RCG Planned 63 Peabody 107 98 Essex Street 98 Essex Street Haverhill MA 01835 Affordable Housing & Services Collaboratve Planned 62 Haverhill 108 Heights at Haverhill, The 192 Merrimack Street Haverhill MA 01830 Lupoli Companies Planned 100 Haverhill 109 Hill's Farm 83 Pleasant Valley Street Methuen MA 01844 Lanam Development Corporation Planned 175 Lawrence 110 Grist Mill Acton Road & Bartlett Street Chelmsford MA 01824 Winstanley Enterprises Planned 70 Tewksbury 111 42 Wellman Street 42 Wellman Street Lowell MA 01851 KS Partners Planned 240 Lowell 112 Merrimack Street 650 Merrimack Street Lowell MA 01854 Orion Student Housing Planned 163 Lowell 113 Maynard Crossing 129 Parker Street Maynard MA 01754 Capital Group Properties Planned 323 Marlborough 114 225 Crossing Blvd 225 Crossing Blvd Framingham MA 01702 National Development Planned 360 Framingham 115 Southwood Community Hospital Redevelopment 111 Dedham Street Norfolk MA 02056 Hoboken Brownstone Planned 150 Foxborough 116 93 Centre Street 93 Centre Street Brockton MA 02301 Concord Square Planning & Development Planned 100 Brockton 117 Calamar Senior Housing 650 Main Street Wareham MA 02571 Calamar Planned 122 Wareham 118 Village at Thornwood Dover Point Road & Thornwood Lane Dover NH 03820 Summit Land Development Planned 204 Dover 119 Edgebrook Heights 43 Daniel Webster Hwy Merrimack NH 03054 Etchstone Properties Planned 168 Merrimack 120 Merrimack 707 Daniel Webster Hwy Merrimack NH 03054 John Flatley Company Planned 240 Merrimack 121 Park Place at Merrimack NEC Industrial Drive & Continental Blvd Merrimack NH 03054 Monahan Companies Planned 120 Merrimack 122 Wallace Farm Phase II 48 Perkins Road Londonderry NH 03053 Wingate Companies Planned 72 Merrimack 123 Wallace Farm Phase III 48 Perkins Road Londonderry NH 03053 Wingate Companies Planned 72 Merrimack 124 Woodmont Commons Phase I Ash Street & Londonderry Road Londonderry NH 03053 Retail Management & Development Planned 286 Merrimack 125 Garden Garage 35 Lomasney Way Boston MA 02114 Equity Residential Planned 470 North End - Charleston 126 Ropewalk 5th Street & Chelsea Street Boston MA 02129 Frontier Enterprises Planned 97 North End - Charleston 127 575 Albany Street 575 Albany Street Boston MA 02118 Leggat McCall Properties Planned 650 South End 128 Cosmopolitan, The 771 Harrison Avenue Boston MA 02118 Bodwell Pines Corporation Planned 63 South End 129 270 Dorchester Avenue 270 Dorchester Avenue Boston MA 02127 Edwards, Mark Planned 91 South Boston 130 Parcel K Congress Street & Northern Avenue Boston MA 02210 Conroy Development Planned 304 South Boston 131 Washington Village 235 Old Colony Avenue Boston MA 02127 Core Investments Planned 248 South Boston 132 Waterside Place Phase II 505 Congress Street Boston MA 02210 Drew Company, The Planned 307 South Boston 133 Fenway Center Beacon Street & Maitland Street Boston MA 02215 Meredith Management Planned 313 Fenway Kenmore 134 Goddard House 201 South Huntington Avenue Jamaica Plain MA 02130 Samuels & Associates Planned 149 Fenway Kenmore 135 Bartlett Place 2565 Washington Street Boston MA 02119 Nuestra Comunidad Development Corporation Planned 194 Roxbury 136 Tremont Crossing Tremont Street & Whittier Street Roxbury MA 02120 Feldco Development Planned 727 Roxbury 137 Whittier Street Redevelopment 1158 Tremont Street Boston MA 02120 Boston Housing Authority Planned 576 Roxbury 138 Dr. Michael E. Haynes Arms 290 Warren Street Roxbury MA 02119 Cruz Companies Planned 51 Mid Dorchester 139 University Place 150 Mount Vernon Street Dorchester MA 02125 Corcoran Jennison Companies Planned 184 Mid Dorchester 140 1943 Dorchester Avenue 1943 Dorchester Avenue Boston MA 02124 Peregrine Group Planned 64 Dorchester 141 Mattapan Station NEC Blue Hill Avenue & River Street Boston MA 02126 Nuestra Comunidad Development Corporation Planned 135 Dorchester 142 3200 Washington 3200 Washington Street Boston MA 02130 Berkeley Investments Planned 73 Roslindale 143 Parcel U 93 Hyde Park Avenue Boston MA 02130 Community Builders, The Planned 76 Roslindale 144 Residences at Forest Hills 3694 Washington Street Boston MA 02130 Criterion Development Planned 252 Roslindale 145 135 Bremen Street 135 Bremen Street Boston MA 02128 Merullo, Michael Planned 94 East Boston - Chelsea 146 Mass + Main 47 Bishop Allen Drive Cambridge MA 02139 Twining Properties Planned 283 North End - Charlestown 147 Residences at 249 Third Street 249 3rd Street Cambridge MA 02142 Equity Residential Planned 84 North End - Charlestown 148 89 Brighton 89 Brighton Avenue Boston MA 02134 Eden Property Company Planned 129 Brighton 149 Brighton Marine 77 Warren Street Brighton MA 02135 Brighton Marine Health Center Planned 101 Brighton 150 61 Locust Street 61 Locust Street Medford MA 02155 Equity One Planned 490 Malden 151 Avalon at Hilltop 855 Broadway Saugus MA 01906 AvalonBay Communities Planned 280 Reading 152 Reading Village 39 Lincoln Street Reading MA 01867 New Wampum Custom Homes Planned 72 Reading 153 120 Commerce Way 120 Commerce Way Woburn MA 01801 Cabot, Cabot & Forbes Planned 292 Woburn 154 Elan Union Market Arsenal Street & Irving Street Watertown MA 02472 Greystar Planned 282 Waltham 155 Washington Place NWC Washington Street & Walnut Street Newton MA 02460 Mark Investment Planned 161 Waltham 156 135 Wells Avenue 135 Wells Avenue Newton MA 02459 Cabot, Cabot & Forbes Planned 334 Newton 157 Newtonville Square 28 Austin Street Newton MA 02460 Dinosaur Capital Partners Planned 68 Newton 158 Station at Riverside 399 Grove Street Newton MA 02462 Blue Hawk Investments Planned 290 Newton 159 1235 VFW Pkwy 1235 Veterans of Foreign Wars Pkwy West Roxbury MA 02132 Davos, Peter V. Planned 84 Dedham 160 Cote Village 850 Cummins Hwy Mattapan MA 02126 Planning Office for Urban Affairs Planned 76 Dedham 161 Watson on Howard, The 116 East Howard Street Quincy MA 02169 Winn Residential Planned 140 Quincy 162 112 Rantoul Street 112 Rantoul Street Beverly MA 01915 Barnat Development Planned 70 Peabody 163 480 Rantoul Street 480 Rantoul Street Beverly MA 01915 Windover Construction Planned 90 Peabody 164 Residences at Moose Hill Emily Lane & Moosehill Road East Walpole MA 02032 Barberry Homes Planned 157 Westwood 165 Revere Copper 104 Revere Street Canton MA 02021 Melton Associates Planned 60 Sloughton 166 One Boston Way 1 Boston Way Newburyport MA 01950 MINCO Corporation Planned 80 Amesbury 167 Tenney Place Phase II 505 West Lowell Avenue Haverhill MA 01832 Dakota Partners Planned 72 Haverhill 168 Van Brodie Mill 560 Broadway Lawrence MA 01841 Trinity Financial Planned 103 Lawrence 169 Alpine Village 69 Boston Road Billerica MA 01862 Yvon Cormier Construction Planned 179 Tewksbury 170 Broadstone 164 Lexington Road Billerica MA 01821 Alliance Residential Company Planned 200 Tewksbury 171 Broadway Village 341 Broadway Road Dracut MA 01826 Parekh, Noah Planned 278 Lowell 172 Stony Brook Weston 104 Boston Post Road Weston MA 02493 Berardi Properties Planned 154 Marlborough 173 Modera Framingham 266 Waverly Street Framingham MA 01702 Mill Creek Residential Trust Planned 270 Framingham

Source: Yardi Matrix Boston New Construction & Proposed Multifamily Projects

FORECASTED ID PROPERTY NAME ADDRESS CITY STATE ZIP OWNER NAME STATUS UNITS SUBMARKET PERMIT DATE COMPLETION DATE START OF RENT-UP 174 Rosegate of Wrentham Madison Street & Washington Street Wrentham MA 02093 Ryan Companies Planned 220 Foxborough 175 Obery Obery Street & South Street Plymouth MA 02360 MEGRYCO Planned 56 Plymouth 176 Seaport at Cordage Park, The 3 Cordage Park Circle Plymouth MA 02360 Janco Development Planned 204 Plymouth TOTAL PLANNED 23,241 177 1115 Washington 1115 Washington Street Boston MA 02118 Druker Company, The Prospective 100 Boston - Downtown 178 North Point Monsignor O'Brien Hwy & Charlestown Avenue Cambridge MA 02141 DivcoWest Prospective 2800 North End - Charleston 179 Back Bay South End Gateway 145 Dartmouth Street Boston MA 02116 Boston Properties Prospective 600 South End 180 Parcel 15 1000 Boylston Street Boston MA 02115 Weiner Ventures Prospective 182 South End 181 7 Channel 7 Channel Street Boston MA 02210 Berkeley Investments Prospective 200 South Boston 182 Boston Edison Power Plant Redevelopment 776 Summer Street Boston MA 02127 Redgate Real Estate Advisors Prospective 1588 South Boston 183 Epoch 501 501 Dorchester Avenue Boston MA 02127 MG2 Prospective 650 South Boston 184 Mary Ellen McCormack 10 Kemp Street South Boston MA 02127 Winn Residential Prospective 1016 South Boston 185 Seaport Square Block G NEC Seaport Blvd & East Service Road Boston MA 02210 WS Development Prospective 340 South Boston 186 Seaport Square Block L3 Congress Street & Boston Wharf Road Boston MA 02210 WS Development Prospective 225 South Boston 187 Seaport Square Block L4 Congress Street & East Service Road Boston MA 02210 WS Development Prospective 225 South Boston 188 White Building, The 616 East 4th Street Boston MA 02127 Cronin Group Prospective 50 South Boston 189 2 Charlesgate West Tower 2 Charlesgate West Boston MA 02215 Transnational Group Prospective 173 Fenway Kenmore 190 Parcel 12 NWC Massachusetts Avenue & Boylston Street Boston MA 02115 Samuels & Associates Prospective 111 Fenway Kenmore 191 Viola Back Bay Massachusetts Avenue & Boylston Street Boston MA 02115 Peebles Corporation, The Prospective 85 Fenway Kenmore 192 3371 Washington Street 3371 Washington Street Jamaica Plain MA 02130 City Realty Group Prospective 58 Roslindale 193 DeNormandie Wharf 99 Sumner Street Boston MA 02128 Davis Companies, The Prospective 97 East Boston - Chelsea 194 Fairfield Chelsea Phase I and II 284 Everett Avenue Chelsea MA 02150 Fairfield Residential Prospective 694 East Boston - Chelsea 195 Portside 1 - 4 50 Lewis Street Boston MA 02128 Roseland Residential Trust Prospective 160 East Boston - Chelsea 196 Middle East 472 Massachusetts Avenue Cambridge MA 02139 Habib, Joseph Sater Prospective 100 North End - Charlestown 197 Vivo Apartment Homes Phase II 270 3rd Street Cambridge MA 02142 Aimco Prospective 127 North End - Charlestown 198 Cobble Hill Phase II 90 Washington Street Somerville MA 02143 Corcoran Jennison Companies Prospective 159 Somerville 199 Residences at Assembly, The 5 Middlesex Avenue Somerville MA 02145 RD Management Prospective 219 Somerville 200 South Street South Street & Earle Street Somerville MA 02143 DLJ Real Estate Capital Partners Prospective 400 Somerville 201 139 - 149 Washington Street 149 Washington Street Brighton MA 02135 AvalonBay Communities Prospective 250 Brighton 202 Allston Yards 60 Everett Street Boston MA 02134 NB Development Group Prospective 360 Brighton 203 Braintree Street & Rugg Road Braintree Street & Rugg Road Allston MA 02134 Michaels Development Prospective 262 Brighton 204 Altitude Phase II 211 Kennedy Drive Malden MA 02148 Metropolitan Properties of America Prospective 235 Malden 205 Lynn Waterfront Complex 254 Lynnway Lynn MA 01902 MINCO Corporation Prospective 350 Lynn 206 Hill Street Redevelopment 1 Hill Street Woburn MA 01801 Leggat McCall Properties Prospective 200 Woburn 207 385 Pleasant Street 385 Pleasant Street Watertown MA 02472 Stephen, Collins Prospective 58 Waltham 208 Arsenal Mill 485 Arsenal Street Watertown MA 02472 Boylston Properties Prospective 503 Waltham 209 Center 128 East 400 1st Avenue Needham MA 02494 Normandy Real Estate Partners Prospective 400 Newton 210 189 Hancock Street 189 Hancock Street Quincy MA 02171 Bozzuto Group Prospective 610 Quincy 211 Newbury Street 31 Newbury Street Quincy MA 02171 Industrial Heat Treating Prospective 84 Quincy 212 Quarry Hills Quarry Hill Drive & Ricciuti Drive Quincy MA 02169 Locke Jr., William E. Prospective 269 Quincy 213 10 Congress Street 10 Congress Street Beverly MA 01915 Windover Construction Prospective 62 Peabody 214 211 Rantoul Street 211 Rantoul Street Beverly MA 01915 Windover Construction Prospective 84 Peabody 215 Medfield Green Dale Street & North Meadows Road Medfield MA 02052 Corrigan, Karina Prospective 70 Westwood 216 Union Street 32 Union Street Natick MA 01760 KSM Real Estate Prospective 100 Westwood 217 Essex Street Mill 24 Essex Street Haverhill MA 01832 Chinburg Properties Prospective 56 Haverhill 218 Stevens Street Mill 30 Stevens Street Haverhill MA 01830 Winn Residential Prospective 80 Haverhill 219 Route 125 Walker Road & Route 125 North North Andover MA 01845 Princeton Properties Prospective 50 Lawrence 220 145 Thorndike Street 145 Thorndike Street Lowell MA 01852 Lupoli Companies Prospective 150 Lowell 221 Mercier Merrimack Street & Pawtucket Street Lowell MA 01854 Lowell Housing Authority Prospective 50 Lowell 222 Pleasant Street 160 Pleasant Street Dunstable MA 01827 Town of Dunstable Prospective 100 Townsend 223 113 Boston Post Road 113 Boston Post Road Wayland MA 01778 Eden Management Prospective 60 Marlborough 224 Weston Quarry 133 Boston Post Road Weston MA 02493 Boston Properties Prospective 345 Marlborough 225 1205 Worcester 1205 Worcester Street Natick MA 01760 National Development Prospective 164 Framingham 226 Concord Street & Kendall Street Concord Street & Kendall Street Framingham MA 01702 Wood Partners Prospective 196 Framingham 227 Fabric Place Redevelopment 136 Howard Street Framingham MA 01702 Wood Partners Prospective 200 Framingham 228 Mount Wayte Plaza Franklin Street & Mt. Wayte Avenue Framingham MA 01702 Baystone Development Prospective 240 Framingham 229 70 Sprague Street 70 Sprague Street Brockton MA 02302 The Noannet Group Prospective 521 Brockton 230 Tri City Road & High Street Tri City Road & High Street Somersworth NH 03878 John Flatley Company Prospective 144 Dover 231 Apple Ridge 114 Rochester Hill Road Rochester NH 03867 D. R. Lemieux Builders Prospective 102 Rochester 232 Pleasant Street 39 Pleasant Street Salem NH 03079 Dolben Company Prospective 256 Salem 233 Bridge Street Waterfront Phase II - IV East Hollis Street & Bridge Street Nashua NH 03060 Renaissance Downtowns Prospective 522 Nashua 234 Lexington Manor 263 Main Street Nashua NH 03060 Tribute Companies Prospective 97 Nashua 235 Wayfarer Property 121 South River Road Bedford NH 03110 Jiten Hotel Management Prospective 133 Merrimack 236 One Bromfield Street 11 Bromfield Street Boston MA 02108 Midwood Investment & Development Prospective 300 Boston - Downtown 237 One Charlestown 55 Bunker Hill Street Charlestown MA 02129 Corcoran Jennison Companies Prospective 3200 North End - Charleston 238 Rio Grande Tower 2343 Washington Street Roxbury MA 02119 Long Bay Management Prospective 165 Roxbury 239 1299 Beacon Street 1299 Beacon Street Brookline MA 02446 Academy Hill Realty Prospective 74 Brookline 240 Babcock Place 138 Babcock Street Brookline MA 02446 Tremont Asset Management Prospective 62 Brookline 241 Coolidge Residences at Brookline, The 10 Waldo Street Brookline MA 02446 Chestnut Hill Realty Prospective 320 Brookline 242 Cypress at Brookline Hills 111 Cypress Street Brookline MA 02445 Aspen Group, The Prospective 99 Brookline 243 Orient Heights Redevelopment Phases II - IV 38 Vallar Street East Boston MA 02128 Trinity Financial Prospective 253 East Boston - Chelsea 244 Commons at Weiss Farm, The 170 Franklin Street Stoneham MA 02180 John M. Corcoran and Company Prospective 264 Reading 245 Ledges at Woburn 1042 Main Street Woburn MA 01801 Dolben Company Prospective 168 Woburn 246 341 2nd Avenue 341 2nd Avenue Waltham MA 02451 Alliance Residential Company Prospective 195 Lakeview 247 Winchester North 416 Cambridge Street Winchester MA 01890 SEB Prospective 95 Lakeview 248 Modera Needham 692 Greendale Avenue Needham MA 02492 Mill Creek Residential Trust Prospective 136 Newton 249 Hancock Village Project 298 Independence Drive Chestnut Hill MA 02467 Chestnut Hill Realty Prospective 368 Dedham 250 Devine School Redevelopment 55 Old Street Randolph MA 02368 Cruz Companies Prospective 92 Sloughton 251 230 Beal Street 230 Beal Street Hingham MA 02043 Alliance Residential Company Prospective 300 Cohasset 252 Bartlett Fields NEC Clapp Road & Booth Hill Road Scituate MA 02066 Toll Brothers Apartment Living Prospective 234 Cohasset 253 Lodge at Andover 30 Shattuck Road Andover MA 01810 Hanover Company, The Prospective 248 Lawrence 254 39 Grant Street 39 Grant Street Framingham MA 01702 RMA Management Prospective 79 Framingham 255 Modera Marshfield SEC Commerce Road & Enterprise Drive Marshfield MA 02050 Mill Creek Residential Trust Prospective 270 Marshfield - Pembroke 256 Simon Hill 2 Prospect Street Norwell MA 02061 Woodland Development Prospective 126 Marshfield - Pembroke 257 Cranberry Village 200 West Grove Street Middleboro MA 02346 J. M. Barges Corp. Prospective 234 Middleborough TOTAL PROSPECTIVE 25,004

TOTAL BOSTON 62,500

© 2017 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890. Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx Source: Yardi Matrix