News: Front Section
Posted: November 13, 2015
Boston Realty Advisors retained to market Port Norfolk Development site
Port Norfolk development site - Boston, MABoston, MA Boston Realty Advisors (BRA) has been exclusively retained to market the Port Norfolk Development site, a 7.8 acre development site and active marina.
The Port Norfolk Development site is located at the tip of the Port Norfolk peninsula, which is the gateway of the Boston Harbor and the Neponset River. The subject site is comprised of four contiguous parcels of land which occupy a total plan area of 7.8 acres. Additionally, the site is occupied by an active marina that occupies 70 boat slips, which allows a developer to collect existing cash flow while developing the site. The southern portion of the subject site is occupied by three (3) warehouse buildings used for storage, repair and offices.
The Port Norfolk Development site overlooks the Squantum Channel with impressive views of the Boston skyline.
The immediate area is undergoing a significant transformation become one of Boston’s most popular live-work-play destination spurred by a flurry of development projects in the immediate submarket. The site is located in one of the most popular neighborhoods in greater Boston area, providing direct access to major thoroughfare I-93 and convenient access to the MBTA Red Line. The site benefits from excellent visibility and close proximity to Downtown Boston, South Boston, Quincy and Dorchester.
The Port Norfolk Development site offers investors the opportunity to own a generational land site on the Boston Waterfront with premier downtown views.
BRA is a privately held commercial brokerage firm based in Bostons. BRA specializes in the sale and leasing of investment and commercial properties throughout New England.
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