Located in the heart of downtown Boston, 40 Beach Street is a 500-stall, standalone parking garage. The asset is strategically situated at the confluence of multiple major demand generators including the Financial District, Downtown Crossing, Theatre District, Tufts Medical Center and the densely-populated Chinatown neighborhood. In addition, the asset is located with nearby access to I-93, which provides direct access to Downtown Boston. Neighborhood Property Group plans on enhancing the Beach Street Garage with electric vehicle charging stations and other improvements to serve the neighborhood.

Arizona Center Garage, located within the Arizona Center mixed-use development in Phoenix Arizona, is a 1,849-stall gated garage which serves adjacent office, retail, and multi-family properties as well as Arizona State University. The garage features several amenities available for parking customers including 24/7 access, evening security, and EV Charging. Neighborhood Property Group plans on further complimenting the asset with additional EV charging stations.

The asset at 184 Kent is a 200-stall garage embedded within Austin Nichols House, a former factory converted into high-end residential condominiums. The garage services both the condo owners and visitors to the bustling Williamsburg area of Brooklyn. The garage offers EV charging and self-storage solutions, as well as proximity services offered by REEF.

Located in Chicago’s River East neighborhood, 300 East North Water Street, commonly referred to as Ogden Plaza Garage, is a 400-stall parking garage which sits below Ogden Plaza Park. The asset offers parking for the proximate office, retail, and hospitality in the area, including the Sheraton Chicago Hotel and Towers, the Loews Chicago Hotel, and the Doubletree Hotel Chicago.

Field Harbor Garage, located just north of Chicago’s Millenium Park, is a 407-stall gated garage which features several amenities available for parking customers including 24/7 access, evening security, and storage solutions. Neighborhood Property Group plans on further complimenting the asset with EV charging stations.

409 South 9th Street is a 65-stall standalone garage located in Minneapolis. The asset provides dual-purpose parking and alternative-use solutions, exemplifying Neighborhood Property Group’s unique approach to higher and better utilization of urban infrastructure. Neighborhood Property Group will transform this location to support other REEF kitchen and retail vessels in the area.

Located in Williamsburg, Brooklyn, the asset at 160 North 12th Street provides 100-stall parking for the attached McCarren Hotel and Residences, as well as the surrounding area. The vibrant neighborhood garners high demand for the well-located valet parking service provided by the garage.