About 777 North Shore Road (Route 1A)
9.4-acre parcel located on Route 1A in Revere a short drive to Revere Beach, Logan Airport, and Downtown Boston. A two-story, 31,950 square foot office and warehouse building built in 1920 stands on the parcel. About 25% of the building is comprised of office space, with the remainder of the building comprised of warehouse space with 23-foot-high ceilings and 10 overhead doors.
Alterra Property Group of Philadelphia, PA acquired 777 North Shore Road in April 2017 for $6.25 million, amounting to $664,893.62 per acre and $195.62 per building square foot. Massachusetts-based, Calare Properties acquired the property on June 7th, 2018 for $12.4 million.