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Established 1995
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Phone Number ITK

Core Investments is a Boston Real Estate Development and Investment company specializing in acquiring and redeveloping urban mixed-use and commercial buildings. With multi-million dollars of Assets Under Management across the City of Boston – including 25+ acres of prime urban land slated for 8-10m SF of future transit-oriented development on Boston’s largest transit line – Core is positioned to continue adding value to existing neighborhoods as well as developing new ones.

Updates

On The Dot
- May 31, 2020

Core Investments Planning Last Mile Distribution Center in South Boston Core Investments has presented plans for an Amazon last-mile distribution center at their 22 acre On The Dot site to the Andrew Square Civic Association. The existing warehouse building at 4 Alger Street, former home of Blue Cross Blue Shield would be renovated. The project would include the demolition of existing buildings at 409 Dot. Ave. and 2 Alger Street to improve site accessibility along with repairs to Alger Street.    


60 Gerard Street
- Apr 24, 2020

Roxbury Properties Acquired for $10M Core Investments has acquired the property at 60 Gerard Street in Roxbury for $4.5M from current tenant J. Derenzo. The 35,000+ square foot piece of land is currently home to a 7,000 square foot commercial building. Core Investments has also purchased several parcels of land totaling over 50,000 square feet along Topeka Street for $5.5M from an LLC registered to J. Derenzo's president.    


On The Dot
- Feb 06, 2020

Andrew Square Development Site Mortgaged for $195 MIllion The property at 371-511 Dorchester Avenue has been mortgaged by the owner, Core Investments, for $195 million via ACORE Capital. The property features 15.07 acres of developable land located in the heart of Andrew Square owned by Core Investments, some owned jointly with Ad Meloria. The land includes 10.57 contiguous acres located at 475-511 Dorchester Avenue with frontage on Southampton Street, and a second 4.5-acre site, 371-385 Dorchester Avenue, located one parcel away. The land is located steps to MBTA Red Line rapid transit service to Downtown Boston and Cambridge.


416 West Broadway
- Dec 26, 2019

South Boston Building Refinanced for 10.5 Million The property at 416-418 West Broadway in South Boston has been refinanced via Delphi CRE Funding for $10.5 million. The property features a 20,902 square foot office & retail building in South Boston. The 3 story building has undergone a complete renovation. Current tenants include Cafe Nero, Verizon and BTone Fitness.  


On The Dot
- Sep 10, 2019

Permit Pulled for Test Borings at South Boston Development Site A permit has been pulled for test borings at the development site at 511-537 Dorchester Avenue in South Boston. The site sits in the busy Dorchester Avenue development corridor near Andrew Square. 


428-444 East 3rd Street
- Jun 24, 2019

Abutting Parcels in Southie Sell for $9.05 Million The property at 428-444 East 3rd Street has sold to Core Investments, Inc. for $9.05 million.  Located in the heart of South Boston the property is comprised of two parcels - 428-432 East 3rd, a 3 story, recently renovated 9-unit apartment building and 444 East 3rd, an 8,764 square foot single-story building situated on an 18,774 square foot site. The United States Post Office (USPS) has occupied the building at 444 East 3rd since 1966 but is currently a tenant at sufferance.  


Wadleigh Place
- Apr 11, 2019

Wadleigh Place Refinanced for $3.4 Million The development property at Wadleigh Place in South Boston has been refinanced for $3.4 million via The Cooperative Bank in Roslindale. The deal was arranged by FinanceBoston, a real estate capital advisory firm, providing real estate operators & developers with custom capital solutions for acquisitions, developments and refinances.  The property features three separate buildings total 14,256 square-feet of space sitting on a .22-acre site. The property adds to the already 15.07 acres of developable land located in the heart of Andrew Square owned by Core Investments, some owned jointly with Ad Meloria. The land includes 10.57 contiguous acres located at 475-511 Dorchester Avenue with frontage on Southampton Street, and a second 4.5-acre site, 371-385 Dorchester Avenue, located one parcel away.   


4 Alger Street
- Mar 01, 2019

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.


4 Alger Street
- Feb 28, 2019

South Boston Property Acquired for $11 Million The property at 4 Alger Street in South Boston has been acquired by Core Investments, Inc. for $11 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.


On The Dot
- Oct 19, 2018

Andrew Square Parcel Refinanced for $64.5 Million Core Investments has refinanced the property at 4 Alger Street for $64.5 million via LoanCore. 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 15.07 acres of developable land located in the heart of Andrew Square owned by Core Investments, some owned jointly with Ad Meloria. The land includes 10.57 contiguous acres located at 475-511 Dorchester Avenue with frontage on Southampton Street, and a second 4.5-acre site, 371-385 Dorchester Avenue, located one parcel away. The land is located steps to MBTA Red Line rapid transit service to Downtown Boston and Cambridge. 


On The Dot
- Aug 02, 2018

A Parcel of South Boston Development Site MortgagedCore Investments has mortgaged the property at 501-537 Dorchester Ave for $18 million via Webster Savings Bank.The site is 15.07 acres of developable land located in the heart of Andrew Square owned by Core Investments, some owned jointly with Ad Meloria. The land includes 10.57 contiguous acres located at 475-511 Dorchester Avenue with frontage on Southampton Street, and a second 4.5-acre site, 371-385 Dorchester Avenue, located one parcel away. The land is located steps to MBTA Red Line rapid transit service to Downtown Boston and Cambridge.


Wadleigh Place
- Jul 16, 2018

Core Investments Acquires Additional Andrew Square PropertyCore Investments, Inc. has acquired the property at Wadleigh Place in South Boston for $2.16 million. The site sits adjacent to the Andrew Square development site that they also own.Wadleigh Place features multiple parcels that sit on a .22-acre site. The three separate buildings total 14,256 square-feet of space. 1-3 Wadleigh Place is a 3-story 6,960 square-foot brick building that was constructed in 1930. 5-7 Wadleigh Place is single story 2,295 square-foot brick building that was built in 1920. The third building, 6-8 Wadleigh Place is a single story 2,928 square-foot brick building that was also built in 1920.


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