Project Progress: Acquired by Proponent

Developers Calare Properties

About 777 North Shore Road (Route 1A)

Revere, MA

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.

Construction Cost $12,400,000.00
Sector

Industrial

Office

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Latest Updates


Jun 07, 2018

Revere Property Acquired for $12.4 Million

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Apr 30, 2017

Alterra Property Group acquires 9.4 acres on Route 1A in Revere for $6.25 million

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