Fenway Star Market Update 02/24/17
Star Market acquires gas station adjacent to Fenway store for nearly $17 million
Star Market has acquired the Gulf gasoline station located adjacent to its' store in the Fenway neighborhood for nearly $17 million, expanding its' contiguous Fenway land holdings to 2.3 developable acres. The exact sale price of the Gulf station was $16.925 million as recorded in the Suffolk County Registry of Deeds. The Gulf station last sold in July 2001 for $1.68 million. Star Market’s acquisition follows Stop & Shop's recent proposal to develop 1,000 residential units with office and retail space on its’ Allston supermarket site.