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500 Ocean Avenue Update 10/15/21

500 Ocean Avenue Sold for $158,000,000

Redgate has sold 500 Ocean Avenue in Revere to a Back Bay-based real estate private equity firm for $158,000,000. 

Completed last year, the mixed-use project features a total of 305 modern units along with ground-floor retail and restaurant space. Amenities within the building include an outdoor fitness deck, heated pool, co-working space, and urban farming on the roof deck.

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