National Development » Investment

Investment

A Sharp Focus on Value-Added Investment and Acquisition

101 Station Drive

Westwood, MA

National Development seeks a range of investments involving well-located commercial real estate in which, through the investment of capital and employing of our operating expertise, property income can be increased through re-leasing, repositioning, or redevelopment, thereby creating value. We invest throughout the Northeast, with a particular focus on the Boston metropolitan area. In addition to making direct equity investments which will be operated by National Development, we will invest in joint ventures with third-party owners and operators. We invest in all major property types, including office, industrial, retail and housing, as well as healthcare-related properties (senior housing, medical office, research lab) and hospitality.

INVESTMENT FUNDS
Charles River Realty Fund I, L.P. is a $170 million fully discretionary closed-end, commingled fund.  Fund I invested in over $1.1 billion of real estate within the metropolitan Boston market and is no longer making new investments.

Charles River Realty Fund II, L.P. is a $255 million fully discretionary closed-end, commingled fund. Fund II invested in $1 billion of real estate within the metropolitan Boston market and is no longer making new investments.

Charles River Realty Fund III, L.P. is a $290 million fully discretionary closed-end, commingled fund. Comprised primarily of educational endowments, charitable foundations and family offices, Fund III completed its final closing in April 2016.

Charles River Realty Fund IV, L.P. is a $400 million fully discretionary closed-end, commingled fund. Comprised primarily of educational endowments, charitable foundations and family offices, Fund IV completed its final closing in October 2019.


"We are focused on creating value at the property level through releasing, repositioning and redevelopment."

Ed Marsteiner, Managing Partner