Hanover Crossing Update 08/05/21

Hanover Crossing Site Trades Hands, $64M Loan Secured

Prep Realty Group sold 80 Mill Street within Hanover Crossing to a Texas-based developer for $13,365,000, who then secured a mortgage from Bank of America for $64,380,000. Currently, under development, the upcoming 582,000 SF mixed-use project is set to feature an open-air retail experience with 297 high-end residential units.


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