• Mg2

Totals

Total Square Footage 277,668

General

Established 2003
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As a vertically integrated real estate investment and development firm, MG2 specializes in identifying middle-market commercial real estate opportunities in urban areas across New England. Based in Boston, Massachusetts, MG2 invests in properties requiring creativity and tenacity to reposition them into higher income-producing holdings.

Built on hard work, commitment, and strong relationships, MG2 thrives on the ability to envision opportunity in areas traditionally ignored by most investors and real estate companies. The MG2 team's collective market knowledge and years of experience combine to create a firm with a reputation for excellence and dependability – and a record of accomplishment to support it.

 

Updates

11-19 Walley Street
- Jul 09, 2019

Concrete Core in Place for Walley St. Residential Project in East Boston The concrete core is in place for the upcoming 4-story apartment project along Walley Street in East Boston, near Suffolk Downs. 11-19 Walley will include 38 units, 1, 2, and 3 bedrooms along with underground parking for 25 cars. Resident amenities are set to include a top-floor fitness center, common room, and roof deck. 


2-10 Maverick Sqaure
- Jun 14, 2019

BPDA Approves Mixed-Use Project in Maverick Square The Boston Planning Board has approved the nearly 375,000 square foot mixed-use project at 2-10 Maverick Square in East Boston. The developer, MG2 Group will build a 6-story building on the site to feature 2 commercial spaces and 25 residential units. Units will range in size from studios through three bedrooms. As the project is located adjacent to the Maverick Square MBTA station, no parking is included in the development.  


656 Saratoga Street
- May 02, 2019

MG2 Group Acquires East Boston Development Site MG2 Group has acquired the property at 656 Saratoga Street in East Boston for $1.8 million. The approved project will include a 30-unit building with 30 off-street parking spaces, and at least 30 on-site bicycle storage spaces. Units will range in size from studios through two bedrooms.  As part of the development, the MBTA bus stop and shelter near the site will be relocated.  


11-19 Walley Street
- Apr 02, 2019

Building Permit Granted for East Boston Development A building permit has been granted for the development at 11-19 Walley Street in East Boston. The approved four-story residential building featuring 38 apartments is located across from the Suffolk Downs MBTA Blue Line station. Apartments will include 12 one-bedrooms averaging 701 square feet, 8 two-bedrooms averaging 1,085 square feet, 15 three-bedrooms averaging 1,168 square feet and 3 four-bedrooms averaging 1,349 square feet. Five apartments would be designated affordable.


2 Ford Street
- Mar 28, 2019

East Boston Development Site Acquired for $2.2 Million Boston-based, MG2 Group has acquired the property at 2 Ford Street in East Boston for $2.2 million. The project calls for the development of a 9,409 square-foot site by the construction of a new four-story, mixed-use multifamily residential/retail building, containing 27 residential units, 1,630 square feet of ground-floor retail, and 25 accessory off-street parking spaces located in the buildings at grade garage. The garage will be entered and exited via Boardman Street, which has direct access to McLellan Highway and Saratoga Street. 


152-154 Liverpool Street
- Mar 06, 2019

East Boston Development Secures $1.9 Million in Financing The project at 152-154 Liverpool Street in East Boston has secured $1.9 million in financing from MutualOne Bank.   The approved mixed-use building will contain 23 residential units, 1 commercial unit, and 9 off-street parking spaces. The property features a 6,076 square foot parcel located steps to Maverick and Central squares on which stands a 5,642 square foot industrial building home to Omega Autobody that will be demolished to make way for the new 5-story building. 


2-10 Maverick Sqaure
- Feb 28, 2019

East Boston Development Under Official Review The proposed development at 2-10 Maverick Square in East Boston is now under official review. The project calls for a 10-story mixed-use building located right in the heart of Maverick Square in East Boston, forming the gateway for all residents and visitors entering the hub of East Boston. Two floors of retail space will anchor the base of the building, with residential units designed for the upper 9 floors. The building's facade is clad in a zinc coated copper, with various layers of brick and curtain wall to help reinforce its presence in the square.


2 Ford Street
- Feb 06, 2019

East Boston Development Under Review The proposed project at 2 Ford Street in East Boston is under official review. The project calls for the development of a 9,409 square-foot site by the construction of a new four-story, mixed-use multifamily residential/retail building, containing 27 residential units, 1,630 square feet of ground-floor retail, and 25 accessory off-street parking spaces located in the buildings at grade garage. The garage will be entered and exited via Boardman Street, which has direct access to McLellan Highway and Saratoga Street. 


656 Saratoga Street
- Dec 14, 2018

656 Saratoga Street in East Boston Approved The 30-unit building proposed for the vacant lot at 656 Saratoga Street in East Boston has been approved. The project will include 30 off-street parking spaces, and at least 30 on-site bicycle storage spaces. Units will range in size from studios through two bedrooms.  As part of the development, the MBTA bus stop and shelter near the site will be relocated.    


287 Maverick St
- Nov 21, 2018

East Boston Development Financed for $14.63 Million MG2 Group has secured $14.63 million in construction financing via Northern Bank & Trust for the upcoming development at 287 Maverick Street in East Boston. The project will construct a five-story, mixed-use building with 38 homeownership condominium units, five income-restricted units, 2,180 square feet of retail space, 30 off-street vehicle parking spaces, and at least 38 on-site bicycle storage spaces. 


152-154 Liverpool Street
- Nov 08, 2018

Demo Permit Application Filed for 152 Liverpool A demo permit application has been filed for the property at 152 Liverpool Street in East Boston.  The demo will make way for the approved 5-story, 23 unit residential project on the site.  


287 Maverick St
- Nov 08, 2018

Demo Permit App Filed for 287 Maverick Street in East Boston A demo permit application has been filed to remove the existing commercial structure at 287 Maverick Street in East Boston.  Once demo is complete the site will be prepped for MG2 Group's upcoming 5-story 38 unit condo building on the Jeffries Point site.  The project is also set to include ground floor retail and 30 parking spaces.  


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Projects

2 Ford Street
656 Saratoga Street
2-10 Maverick Sqaure
The Village at Greenbush
287 Maverick St
The Vault
277-279 Border Street
152-154 Liverpool Street
59-69 Meridian Street