In October 2008, an affiliate of Meritage acquired Tower Point @ A Street, a 153,812 square foot, six-story Class A office building with 58 on-site parking spaces located in Boston, Massachusetts. Originally constructed in 1877 as a manufacturing building, the Property underwent an extensive redevelopment in 1988 and was further upgraded in 2006 to a Class A standard. The Property offers attractive historically preserved office space with the convenience of new building systems and interiors, all designed to highlight the uniqueness of the space which includes high ceilings, exposed brick and beam construction and outstanding window lines.

Tower Point’s location within the South Boston Waterfront stands to benefit significantly from Boston’s Fort Point Channel 100 Acre Plan, through which the city is actively and creatively working with local property owners and community groups to help transform the South Boston Waterfront into a vibrant and dynamic “24 hours” neighborhood.