Redevelopment
Opportunity

9 Parcels
3.72 acres

Boston Realty Advisors is pleased to present the Sozio Portfolio, an exceptional redevelopment opportunity located in a burgeoning Boston submarket; Revere, Massachusetts. The offering is comprised of 3.72 total acres or +/-162,000 square feet of land. The longtime headquarters of Sozio Appliances, this portfolio offers investors and developers a multitude of future uses.

 

Revere, now known as a gateway city, is one of Boston’s most rapidly evolving submarkets. This fast paced transformation is expected to continue, especially due to the redevelopment of Suffolk Downs and the surrounding areas. The property offers ample accessibility for commuters given its proximity to US Route 1 and MA Route 60. Additionally, it is serviced by eight MBTA Bus routes and it is just 1 mile away from the new MBTA Wonderland station, which provides Blue Line access to downtown Boston in less than 20 minutes. The site’s supreme location,
in addition to the wide range of development alternatives, make the Sozio Portfolio outstandingly positioned for
long term benefit.

 

The Sozio Portfolio is offered for sale on an unpriced basis. We will be conducting tours of the property in the upcoming week with a ‘call-for-offers’ to follow.

Investment Highlights

Property Details

Address:

61 Squire  Road, Revere, MA

 

Site Size:

3.72 acres  |  +/- 162,000 SF

 

Zoning District:

Highway business district (HB)

location

Revere

Development Overview

853 Residential Units
in development or recently completed

2 Hotels
in development

282 Hotel Keys

in development

$1.8 million
MassWorks grant to help support the transformation

of Revere’s downtown core

Revere is certainly a ‘city on the rise’
– a great place to live, work and play

- Dan Rizzo, former mayor of Revere

 

Contacts

Jason s. Weissman

Founder & Senior Partner

617.850.9608

jweissman@bradvisors.com

Nicholas m. Herz

Managing Director & Partner

617.850.9624

nherz@bradvisors.com

Kevin benzinger

Associate Director

617.850.9647

kbenzinger@bradvisors.com

Dominique Dubois

Analyst

617.909.7567

ddubois@bradvisors.com

Michael A. D’Hemecourt

Managing Director & Sr. Partner

617.850.9670

mdhemecourt@bradvisors.com

Whitney gallivan

Managing Director & Partner

617.850.9612

wgallivan@bradvisors.com

Christopher J. Donato

Director

617.850.9618

cdonato@bradvisors.com

Joseph Wagner

Associate Director

617.850.9675

jwagner@bradvisors.com

-said Mayor Brian Arrigo on the redevelopment of Suffolk Downs

745 Boylston Street  |  Boston, MA 02116  |  (T) 617.375.7900  |  (F) 617.536.9566  |  BRAdvisors.com