Algerworks Update 03/01/19

South Boston Property Refinanced for $64.5 Million

The property at 4 Alger Street has been refinanced via LoanCore Capital for $64.5 million.

The property features a single story 95,600 square foot warehouse facility that was most recently used by Blue Cross & Blue Sheild for medical storage.

The building was constructed in 1940 and sits on a 3.97-acre parcel. The site is part of the master-planned Andrew Square Development Site.

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