2 Locations

ACCESS & CONNECTIVITY

The Properties offer excellent connectivity within downtown Pittsfield, near the Pittsfield Intermodal Transportation Center—hub of BRTA bus service—and with quick access to U.S. Routes 7 and 20 and the Massachusetts Turnpike (I-90) for regional travel to Albany, Springfield, and Boston. Air travel is supported by Pittsfield Municipal Airport nearby and Albany International Airport about 45 miles west. The walkable setting also provides direct pedestrian and bicycle access to downtown employers, retail, dining, and cultural destinations.

DESIRABLE BERKSHIRES LOCATION The Portfolio is centrally located in Pittsfield, combining the conveniences of urban living with the scenic beauty and relaxed charm of the Berkshires. Surrounded by hills, forests, and cultural landmarks, residents enjoy nearby outdoor recreation and access to attractions like Tanglewood and the Berkshire Museum. This blend of natural tranquility and cultural vitality makes the properties uniquely desirable for living or investment.

AREA AMENITIES & DEMAND DRIVERS

The Properties are surrounded by a vibrant mix of retail, dining, recreation, and cultural amenities. Downtown offers boutique shopping, diverse restaurants, and popular cafés, while nearby Pittsfield State Forest and local lakes provide abundant outdoor activities. Public parks like The Common and Clapp Park host community events, and the city’s strong arts scene—featuring the Barrington Stage Company, Colonial Theatre, and Berkshire Museum—adds to its appeal. With farmers markets, wineries, and local festivals, the area around 153 First Street and 162 Woodlawn Avenue offers a lively, well-rounded environment that supports both residents and businesses.

UTILITIES

162 Woodlawn Avenue is separately metered for electricity, heat and hot water, which tenants are responsible for paying. The Landlord is responsible for city water and sewer. At 153 First Street, the utility responsibility is mixed. In unit A & B, tenants pay for their own heat and electric, while the Landlord is responsible for hot water. In units C,D,E, and F, the Landlord pays for heat and hot water, while also paying for the electricity in unit E & unit F. The Landlord is responsible for providing city water and sewer to all units at this property.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 12,900 people live within 1 mile of the Property with an average household income of $74,176. Over 38,063 people reside within 3 miles of the Property with an average household income of $97,428.

QUALITY OF LIFE AMENITIES

The Properties are in a community rich with quality-of-life amenities that reflect the city's vibrant lifestyle and active cultural scene. Pittsfield is known for its calendar of engaging community events, such as the iconic 4th of July Parade, monthly First Fridays at Five Street Festivals, and annual celebrations like the 10×10 Upstreet Winter Arts Festival, Pittsfield CityJazz Festival, and Berkshire Pride Festival. These events bring residents together for parades, live music, food vendors, markets, art showcases, and family-friendly activities that energize the downtown and foster community spirit.

Outdoor recreation is a hallmark of the Pittsfield experience. Residents enjoy easy access to expansive natural resources, including Pittsfield State Forest, which offers more than 10,000 acres for hiking, biking, horseback riding, and camping, plus ADAaccessible trails and the regionally renowned Tranquility Trail. The area’s lakes, Onota and Pontoosuc, provide year-round opportunities for swimming, boating, fishing, rowing, and lakeside picnicking. Numerous city parks, including The Common, Clapp Park, and Burbank Dog Park, offer sports courts, splash pads, community gardens, and event spaces, making outdoor living accessible to all ages. The Ashuwillticook Rail Trail and Mahanna Cobble Trail connect Pittsfield to even more scenic recreation across the Berkshires.

Revitalization and community amenities – Ongoing downtown revitalization efforts, a mix of retail and dining options, and access to nearby parks and recreation areas enhance quality of life and long-term residential demand.