On May 21, 2012 an affiliate of Meritage in joint venture with Ivy Equities acquired 711 Atlantic Avenue, a 99,531 square foot brick and beam office building in Boston, Massachusetts. Constructed in 1890 and completely renovated in 1985, the property offers brick and beam office space featuring exposed ceilings with the convenience of new building systems and interiors.
The Property is strategically situated on one of Boston’s premier boulevards directly across from South Station and adjacent to the Rose Kennedy Greenway. Once divided by the “Big Dig” project, the South Station submarket now benefits from the $14.8 billion investment that resulted in the suppression of the central Artery and the creation of a linear public park that spans a two-mile stretch known as the Greenway, which has been transformed into a vibrant ribbon of beautifully landscaped parks, gardens and plazas. South Station, Boston’s major transportation center, provides access to Amtrak, the MBTA commuter rail; and the MBTA Purple, Silver, and Red line subway stations. The location is further enhanced by immediate access to I-93, the Massachusetts Turnpike (I-90), and numerous public parking options.