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Sunrise Capital Buys Nautica Parking Garage for $12.85M

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Real Estate ServicesMassachusettsOther

Deal Overview

Sunrise Capital Investors LLC acquired the Nautica Parking Garage, a structured parking asset at 88 Constitution Rd. on the Charlestown Waterfront in downtown Boston, for $12,850,000. The facility operates 24/7 and serves commuters, tourists, and nearby hospitality and entertainment destinations across the Seaport and downtown Boston corridor.

The seller was National Development. Colliers represented the seller, with Frank Petz, Matthew Sherry, Rob Schlesinger, Daniel Hincks, and Joe Gaziano listed as the deal team. Sunrise Capital is described as an investor in mobile home park and parking facility properties.

Key Details

Transaction
Sunrise Capital Investors acquires Nautica Parking Garage
Deal Size
$10M – $25M
Reported Value
$12,850,000

Filed under

Source

Read full article on connectcre.com

via Connect CRE — National · April 13, 2026

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