AvalonBay Communities Now Leasing at Avalon Exeter

AvalonBay Communities, a NYSE-listed real estate investment trust (REIT) with multi-family apartment communities in high barrier-to-entry markets of the United States, has opened the Avalon Exeter leasing center at 780 Boylston St  in Boston’s Back Bay.

The $100M Avalon Exeter at 77 Exeter Street is AvalonBay’s first luxury apartment development in Boston and will mark the completion of the residential development of the Prudential Center. AvalonBay currently owns and manages the Prudential Center’s other three residential towers: The Boylston, The Fairfield, and The Gloucester. The 28-story sustainable development has 187 residential units, consisting of studio, one, two, and three bedroom apartment homes starting at $3,000. There are 16 penthouse units available starting at approximately $10,000 per month. To date, 25 percent of apartments have been reserved with deposits. The Avalon Exeter community will have an array of first-class amenities, including a fully equipped clubhouse, state of the art fitness center, and underground parking in the adjacent Prudential Center parking garage. Avalon Exeter is connected directly underground to the Shops at Prudential Center, Shaw's Supermarket, the Back Bay T Station, all without stepping outside. Pedestrian benefits on Exeter Street will include the creation of a pedestrian connection from Exeter Street to the Prudential Center Plaza, new trees and lighting on Exeter Street, and the addition of 1,300 square feet of new street level retail space.  

Avalon Exeter is expected to be completed in July 2014. Initial occupancy will begin in April,  2014. For more information on leasing, call 617-236-1369 or visit www.avalonexeter.com