Mixed-Use (Multifamily & Retail) Development

500 Ocean Avenue fronts Revere Beach, a vibrant public beach facing the Massachusetts Bay. This mixed-use development consists of an apartment building with shared amenities and retail on a 2.4-acre parcel. The parcel is part of the master-planned Waterfront Square district, which will also include hotel and retail programming. The site is adjacent to the Blue Line “T” Wonderland Station and only a fifteen-minute ride to Downtown Boston. Located less than 0.1 miles from Route 1A, the site provides vehicular access to downtown Boston and Logan Airport, and convenient connections to both I-90 and I-93, providing access to major employment areas outside of Boston. The full-service building features over 13,000 SF of interior and exterior amenity space.

In October 2021 we sold 500 Ocean Avenue to an institutional buyer at an outer urban Boston record-setting purchase price of $158 million.