10 Converse Place Update 01/28/20

Winchester Property Acquired for $7M

Ad Meliora has acquired the property at 10 Converse Place in Winchester. The 25,902 square foot site is currently home to a 15,000 square foot office building constructed in 1980. The waterfront site provides a prime location for potential mixed-use development project. 

Financing for the acquisition was arranged by real estate capital advisory firm, FinanceBoston.  “This is truly one of the best locations in Greater Boston,” said Fergal Woods, Managing Partner at FinanceBoston.  “We were excited to work with our client on this phase of the project and are keen to stay involved as we assist with the capitalization of the construction phase too.”

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