Intercontinental Allston Campus
Update
04/20/17
Intercontinental expands Allston campus with $3.7 million land acquisition
Real estate developer and investor Intercontinental Real Estate Corporation has expanded its’ Allston headquarters campus to 1.1 contiguous acres with the acquisition of 0.8 acres from Harvard University for nearly $3.7 million. The land’s exact sale price is $3,665,000, amounting to over $4.5 million ($4,581,250) per acre. The land acquired, located between Soldiers Field Road and Western Avenue, is primarily comprised of surface parking, with an 8,550 square foot commercial building facing Western Avenue.