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The Abrams Group Wins Prestigious Builder’s Choice Award

Worcester, MA October 30, 2006 — The Abrams Group, a Boston real estate development company, in partnership with Global Property Developer’s Corporation, a Callahan Company, is proud to announce that they have won one of BUILDER Magazine’s prestigious 2006 Builder’s Choice awards for The Fremont Lofts in Worcester, MA. The Fremont Lofts was one of twenty-two projects nationwide to receive a “Grand Award,” the highest of three possible distinguished award categories.

BUILDER Magazine had specific criteria for awarding this year’s Builder’s Choice Awards, looking for builders that had, “visionary alternatives to the status quo” and the magazine was “apt to reward builders pursuing long-term solutions and not just a quick fix,” according to Jenny Sullivan, a reporter for BUILDER Magazine.

The Abrams Group credits their win to their exceptional ability to transform a functionally obsolete, historically significant mill, an important landmark in Worcester, into an upscale condominium complex. The Fremont Lofts’ ninety-seven (97) condominiums, ranging in size from 788 square feet to 1,890 square feet, offer unique attributes and distinctive features while being set at prices obtainable to the first time homebuyer.

Both Matthew Abrams and Jeffrey Brooks, partners at The Abrams Group, are proud to receive this prestigious award. “This award validates our strategy of building the best product in the market and delivering superior finishes at unmatched prices,” said Brooks.

The Fremont Lofts is situated in a beautiful area of Worcester overlooking a cemetery and park which ensures the surrounding location will remain undeveloped. The calm outdoor element is further incorporated through The Fremont Lofts’ large private courtyard which allows natural light into the condominium complex. Worcester residents supported the renovation in order to revamp the once industrial center of town, and The Fremont Lofts are a significant anchor in the Worcester community. The affordable yet elegant condos specifically target young professionals under the age of thirty (30), and the convenient location and desirable amenities in The Fremont Lofts also target empty nesters looking for a low-stress alternative to owning a home.

The complex opened to residents in March of 2006. Each prospective buyer has a choice of twenty (20) floor plans, including two-story units. The condominiums range from 845 to 1,740 square feet and are priced from under $200,000 to the low $300’s. To learn more about The Fremont Lofts, please visit www.thefremont.com. If you would like to schedule an appointment to view The Fremont Lofts, please contact Cindy Dube at 508-755-3733.

The Abrams Group is a Boston-based real estate development company that specializes in the investment and development of multi-family and commercial properties in the Boston metropolitan CBD and suburban marketplace. Founding partner Matthew Abrams and partner Jeffrey Brooks focus on the redevelopment of under-performing real estate assets and reposition these buildings as quality commercial or residential properties. Their mission is to create quality real estate for their tenants while providing superior returns to their investment partners. Projects include The Atlantic at Marina Bay in Quincy, MA, Chestnut Green in Foxborough, MA, The Fremont Lofts in Worcester, MA, and the G Lofts in Lawrence, MA.

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