Wadleigh Place Update
Wadleigh Place Refinanced for $3.4 Million
The development property at Wadleigh Place in South Boston has been refinanced for $3.4 million via The Cooperative Bank in Roslindale. The deal was arranged by FinanceBoston, a real estate capital advisory firm, providing real estate operators & developers with custom capital solutions for acquisitions, developments and refinances.
The property features three separate buildings total 14,256 square-feet of space sitting on a .22-acre site. The property adds to the already 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.