RE150

RE150 Refinanced for $74.25 Million

Criterion Development Partners have refinanced their property in Medford known as RE150 for $74.25 million via Northwestern Mutual.

RE150 is located across from 100 Rivers Edge Drive, the first residential building at Rivers Edge, which features 222 apartments and was completed in 2009. RE150 is located a short distance from the Wellington MBTA Orange Line station and Interstate 93, minutes from Downtown Boston and Cambridge. Apartments and retail space at RE150 are now available for lease.

Callahan completes new-construction RE150 apartments along Mystic River in Medford

Callahan Construction Managers has completed RE150, a 282-unit new-construction luxury apartment complex along the Mystic River in Medford, the latest residential building at the 30-acre Rivers Edge mixed-use development. Located at 150 Rivers Edge Drive, RE150 features desirable amenities including a clubhouse, a fitness center, a swimming pool and outdoor entertainment areas such as two private courtyards and green space overlooking the Mystic River. On RE150’s ground floor is 18,200 square feet of retail and restaurant space, which could soon be home to a full-service bar/restaurant and specialty/convenience retailers, as well as vehicle parking.

RE150 features two five-story buildings constructed with four-stories of wood framing above one-story steel podiums. The buildings are wrapped around an above-grade precast concrete parking garage, with a total of 1,042 parking spaces.

RE150 is located across from 100 Rivers Edge Drive, the first residential building at Rivers Edge, which features 222 apartments and was completed in 2009. RE150 is located a short distance from the Wellington MBTA Orange Line station and Interstate 93, minutes from Downtown Boston and Cambridge. Apartments and retail space at RE150 are now available for lease. The following are photographs of RE150: