Marcus & Millichap Inc.
08/25/2026 | Press release | Archived content
Marcus & Millichap Arranges $13.5M Sale of Multifamily Asset in Boston Suburb
Press Releases
Marcus & Millichap Arranges $13.5M Sale of Multifamily Asset in Boston Suburb
August 25, 2026
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QUINCY, Mass., Aug. 25, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of The Willard, a 30-unit multifamily property in Quincy, Massachusetts. The asset sold for $13.5 million.
"The Willard is a newly constructed boutique luxury apartment building that offers investors a high-quality, turnkey asset featuring modern finishes, spacious floor plans, quartz countertops, in-unit laundry, and separately metered utilities including water," said Evan Griffith, senior managing director in Marcus & Millichap's Boston office. "Located just off Interstate 93, this commuter friendly Quincy location provides convenient access to local amenities as well as downtown Boston. We continue to see investors target high-quality locations with strong fundamentals. This property was 100% occupied at the close of escrow," added Tony Pepdjonovic, senior managing director.
Tony Pepdjonovic and Evan Griffith of Marcus & Millichap exclusively marketed the property on behalf of the seller.
Located at 510 Willard St., The Willard is a 36,202-square-foot building on a 0.63-acre lot. The property was built in 2025 and includes 30 modern apartments. The unit mix includes 24 two-bedroom, and six three-bedroom apartments. The property offers a roof deck, EV charging stations and additional storage facilities.
The Willard is situated in South Quincy, approximately nine miles south of Boston. It is near Granite Links Golf Course, the Blue Hills Reservation, the South Shore Plaza and Interstate 93.
"The Willard is a newly constructed boutique luxury apartment building that offers investors a high-quality, turnkey asset featuring modern finishes, spacious floor plans, quartz countertops, in-unit laundry, and separately metered utilities including water," said Evan Griffith, senior managing director in Marcus & Millichap's Boston office. "Located just off Interstate 93, this commuter friendly Quincy location provides convenient access to local amenities as well as downtown Boston. We continue to see investors target high-quality locations with strong fundamentals. This property was 100% occupied at the close of escrow," added Tony Pepdjonovic, senior managing director.
Tony Pepdjonovic and Evan Griffith of Marcus & Millichap exclusively marketed the property on behalf of the seller.
Located at 510 Willard St., The Willard is a 36,202-square-foot building on a 0.63-acre lot. The property was built in 2025 and includes 30 modern apartments. The unit mix includes 24 two-bedroom, and six three-bedroom apartments. The property offers a roof deck, EV charging stations and additional storage facilities.
The Willard is situated in South Quincy, approximately nine miles south of Boston. It is near Granite Links Golf Course, the Blue Hills Reservation, the South Shore Plaza and Interstate 93.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on August 25, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on August 28, 2026 at 22:54 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]