On The Dot
Update
08/02/18
A Parcel of South Boston Development Site Mortgaged
Core 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.
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