INVESTOR LOGIN CAREERS CONTACT US Our Mission We turn projects into communities. We work collaboratively as long-term partners, creating value for our investors and enhancing the neighborhoods in which we build. DEI Statement Equal. United. Empowered. We Are Better Together. National Development values all perspectives and strives toward inclusivity because we believe that equal opportunity and shared success strengthens both our firm and our community. We are actively pursuing a number of improvements within our company that move us toward meaningful, long-term, sustained change. We are committed to fostering diversity, equity, and inclusion through the many ways that we create, build, and impact the communities in which we live and work. Strength & Capability Our greatest strength is our people; over 300 team members bring expertise in every aspect of the value creation process, across all property categories including office, research, industrial, retail, senior housing, multifamily and hotel. The firm’s activities are primarily funded by our closed-end discretionary funds. We launched our first fund in 2006 and have subsequently raised over $1.1 billion via four fully-discretionary funds comprised primarily of endowments, foundations, institutions and family offices. We are currently investing our $400,000,000 Fund IV, which we expect will be deployed into $1.5 – 2 billion of new acquisitions and developments. Experience Over our firm’s nearly 40-year history in Boston, we have developed over 30 million SF in over 45 communities, investing over $6 billion. Our knowledge of the Greater Boston market and its many cities and towns is unparalleled. National Development is consistently ranked by the Boston Business Journal as one of the largest real estate development and investment firms in New England. Innovation & Performance National Development has distinguished itself as one of Boston’s most creative and innovative real estate firms, with a long track record of creating great places in which people want to work and live. Our vertically integrated structure, with the discretionary capital and in-house acquisition, development, construction and property management expertise, has earned our firm a reputation for reliably executing thoughtfully conceived projects on time and on budget. Our Values Investment Development Construction Property Management Awards 2021 BOMA MAC TOBY Award for Outstanding Building of the Year THE DISTRICT BURLINGTON ORA's Top 10 Property Management Companies in the Nation NATIONAL DEVELOPMENT 2020 Multifamily Executive Grand Winner for Senior Housing AVENU AT NATICK BOMA Boston TOBY Award for Outstanding Building of the Year THE DISTRICT BURLINGTON MAA Achievement Award for Senior Community of the Year AVENU AT NATICK Elite 1% ORA Power Ranking for Online Reputation Nationwide AVENU AT NATICK, CHROMA, EMERY FLATS, MARKETSTREET APARTMENTS, SEVEN SPRINGS APARTMENTS WMA Web Award for Most Outstanding Website NATIONAL DEVELOPMENT Building Impact Gold Impact Award THE DISTRICT BURLINGTON, UNICORN PARK, NATIONAL DEVELOPMENT NAA Best Places to Work Finalist NATIONAL DEVELOPMENT Boston Magazine Best of Boston, Outdoor Museum UNDERGROUND AT INK BLOCK 2019 ULI Global Award of Excellence Finalist INK BLOCK AIA Award of Excellence, Regional and Urban Design UNDERGROUND AT INK BLOCK Boston Business Journal Best Places to Work NATIONAL DEVELOPMENT Elite 1% ORA Power Ranking for Online Reputation Nationwide CHROMA, SEVEN SPRINGS 2018 Commercial Brokers Association Boston, Creative Deal of the Year BALDOR SPECIALTY FOODS Building Impact Gold Impact Award UNICORN PARK Elite 1% ORA Power Ranking for Online Reputation Nationwide SEVEN SPRINGS, CHROMA Boston's Best Urban Canvas Award, The Improper Bostonian UNDERGROUND AT INK BLOCK WalkBoston Golden Shoe Award UNDERGROUND AT INK BLOCK Communication Art Award of Excellence in Branding UNDERGROUND AT INK BLOCK 2017 United Way Real Estate & Building Industry Leadership Award Golden Shoe Award for Increasing Walkability in the City of Boston UNDERGROUND AT INK BLOCK Building Impact Gold Impact Award VIEW MORE Media National Development’s Massive Dot Ave. Project Recalls Southie’s History SEPTEMBER 20, 2021 National Development and funding partner AEW Capital Management have named their 2 million-square-foot, two-city-block project in South Boston “Iron Works,” harkening back to the neighborhood’s history. South Boston Iron Works was incorporated in 1827, supplying materials and supplies to soldiers in the Civil War. It was a major occupier on... Developers Unwrap Plans for Eight-Story Life-Sciences Buildings as Replacement for old WBZ Studios and Antenna in Allston AUGUST 11, 2021 National Development and the Mount Vernon Co. today filed detailed plans for the three-building, 700,000-square-foot complex they want to build on the 6.3-acre Soldiers Field Road site that has been home to WBZ since the 1940s. National and Mount Vernon hope to begin two years of construction on the first... Leah Harsfield Named Principal AUGUST 6, 2021 National Development has named Leah Harsfield as a Principal of the firm. Leah joins the company’s senior leadership team while continuing to serve as Director of Leasing, where she oversees leasing strategy for National Development’s commercial portfolio. Leah joined National Development as an asset manager in 2013 and has participated... Waterstone of Lexington Luxury Senior Community to Open in 2022 MAY 12, 2021 National Development and EPOCH Senior Living’s Waterstone of Lexington, a luxury senior living community, is on the rise. Construction has begun on the 17.5-acre campus, located adjacent to the Belmont Country Club in Lexington. When Waterstone of Lexington opens its doors the summer of 2022, it will feature 116 independent... Here’s the New Look for National Development’s Proposed Lab, Residential Campus in Southie APRIL 6, 2021 National Development’s plans for a large-scale South Boston mixed-use development now include lab space, with the developer and financing partner AEW Capital Management this month formally pitching their plans for a four-building complex spanning a combined 1.15 million square feet on 5.4 acres in South Boston. The project would include two 11-story... City Living In Boston Will Be Different Inside And Outdoors Post-Pandemic FEBRUARY 15, 2021 During the pandemic, the hustle in many of Boston’s busiest neighborhoods slowed to a stroll. Hotspots in once-jumping neighborhoods like the area near the TD Garden have gone dark. “It’s very empty,” explained Kaylie Hutchinson who lives in across the street from The Fours, a popular restaurant that shut down... VIEW MORE 2310 WASHINGTON STREET NEWTON LOWER FALLS, MA 02462 617.527.9800 HELLO@NATDEV.COM DESIGNED BY PROVERB DEVELOPED BY CARLSON COMMUNICATIONS