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Totals

Total Square Footage 146,000

General

Established 2005

3MJ Realty and the Naggar family have been developing real estate for 50 years. They are experienced owners and operators of real estate properties in the Boston and Cambridge market, managing a portfolio containing approximately 250,000 square feet. With particular expertise in the retail and residential market and a specific focus on strong retail locations, the retail properties occupy primary positioning within neighborhood marketplaces.

The Naggar family invests substantially in each of their properties to make them best-in-class in their immediate neighborhood and to position the properties for long-term success via strong tenancy. Within the Downtown Boston market, 3MJ Realty has successfully invested in over a half dozen properties in recent years.

Updates

10 Essex Street
- Jul 17, 2019

10 Essex St. in Central Square Nearly Complete The all-new luxury apartment complex 10 Essex Street in Central Square is nearly complete and expected to welcome its first residents on September 1st. 10 Essex features 46 apartments, ranging in size from studios up through three bedrooms. High-end finishes include quartz countertops and Nest thermostats, many units also feature private balconies. 


10 Essex Street
- Feb 21, 2019

Facade Install Underway at 10 Essex in Central Square Facade install has started for the upcoming 46 unit project just off Mass. Ave in Central Square. The building will include a mix of 1,2, and 3 bedroom units along with an 11,000 square foot ground floor retail space. The retail space will feature a neighborhood market managed by Asian food market company H Mart. The transit-oriented site near the redline will feature just 23 parking spaces.


10 Essex Street
- Nov 09, 2018

Window Install Begins for 10 Essex in Central Square Window install has begun at 10 Essex Street in Central Square, Cambridge.  The 6-story building will include 46 apartments and 11,000sf of ground floor retail.  Units will range in size from studios to three bedrooms.  Resident amenities will include a rooftop patio and 2nd-floor deck.


10 Essex Street
- Sep 19, 2018

Construction Ongoing at 10 Essex Street in Central Square Framing and exterior work continues on the upcoming 6-story building located at 10 Essex Street in Central Square, Cambridge.  The building is set to include 46 apartments, 5 of which will be designated affordable.  Resident amenities will include a rooftop deck and underground parking.  The ground floor will feature an 11,000 sf neighborhood market.


10 Essex Street
- Mar 15, 2018

Construction is now underway on the mixed-use project. The 5-story building, located in Central Square will provide 46 apartments offering studio and 1-3 bedroom living.  The building is a wood-frame structure over a steel podium slab on deck. Completion of the building is slated for January 2019.


The Conrad
- Jun 12, 2017

Former Downtown Crossing department store transformed into 27 luxury apartments 3MJ Realty has completed its’ transformation of the historic Conrad’s department store, located on Winter Street in the heart of Downtown Crossing, into 27 luxurious apartment residences. Dubbed The Conrad, the new building features 2, 3 and 4-bedroom residences with large floor plans, allowing larger families to take residence in Downtown Boston. The building’s historic stone facade has been fully restored, and apartments feature high ceilings, period details such as exposed brick walls and the latest luxury finishes. “Although there have been a number of new residential buildings constructed in the downtown and Seaport neighborhoods in recent years, there remains a dearth of three and four-bedroom units,” said Morris Naggar, principal of 3MJ Realty. “The Conrad addresses this shortage, and combined with the architectural splendor of the original Conrad’s building, we expect to achieve full occupancy very quickly.”


10 Essex Street
- Feb 03, 2017

10 Essex Street development in Cambridge's Central Square secures construction financing10 Essex Street, a 114,000 square foot mixed-use development in the heart of Cambridge's Central Square, has secured $19 million in construction financing and is proceeding with buildout. Site work in preparation for construction of the 10 Essex Street building's foundation is now underway. Construction financing for 10 Essex Street was arranged by NAI Hunneman.


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Projects

The Conrad
10 Essex Street