Luxury brokerage LandVest, perhaps best known locally for the multi-million-dollar homes its agents regularly sell on Martha’s Vineyard, is trying to break into the Boston luxury market with a new office in Back Bay.

The company announced it plans to open a “flagship office” at 292 Newbury St. in March, headed by its managing director for real estate, Slater Anderson.

It will be the second major brokerage brand to jump into the Boston luxury scene in recent months following New York-based Douglas Elliman, which bought Newbury Street brokerage Bulfinch Boston Realty in December.

“As an international hub for high-wage, high-growth industries, Boston has been in our sights for some time. Having a street-level presence in one of the city’s busiest upscale corridors enables us to capture the attention of national and international buyers,” Anderson said in a statement, which called the move “the next logical step in the brokerage’s residential evolution.”

The new LandVest office in the Back Bay will be staffed by “household names” in the local luxury real estate scene, the company’s statement promised. It was not immediately clear if LandVest’s expansion coincides with its purchase of any local brokerages.

While LandVest has, to date, sourced most of its brokerage business in vacation destinations like the Vineyard, New York’s Adirondack region and Vermont – claiming over $800 million in residential sales volume last year – in addition to its $1.2 billion-per-year business representing sellers and buyers of timberland, the company has also been an affiliate of the Christie’s International Real Estate network since 1995. This affiliation, the company said, means its soon-to-open Boston office “will also serve as a regional hub for Christie’s International Real Estate’s New England network, as the brand continues to expand throughout the Northeast and the entire Atlantic coast.”

“With its connection to other key luxury markets, from London to Newport to Silicon Valley, Boston is an incredibly important city for Christie’s International Real Estate; and as one of our longest-standing affiliates, LandVest is a perfect partner to represent the brand and network in this town,” Christie’s International Real Estate President Chris Lim said in a statement provided by LandVest.