MARKETPLACE AT MORRISSEY
Boston Realty Advisors is pleased to present an exceptional opportunity to acquire Marketplace at Morrissey, a well-positioned and newly constructed 14,998 square foot shopping center located along one of Dorchester’s primary arteries, Morrissey Boulevard. Anchored by East Boston Savings Bank and Uber, the asset is 100% leased and well-positioned within one of Boston’s most dense and rapidly growing submarkets.
Marketplace at Morrissey’s prominent location in the market provides high visibility for the over 40,000 cars passing the site daily via Morrissey Boulevard. Furthermore, less than a half mile south is the onramp to I-93 allowing for prime accessibility to the main thoroughfare from the South Shore into Boston and services over 190,000 cars each day.
In addition to East Boston Savings Bank (NASDAQ: ESBS) and Uber Technologies, Marketplace at Morrissey is occupied by Open Doors Power Yoga, H&R Block, Elliott Physical Therapy, GMH Mortgage, Morrissey Nails and Unchained Pizza. These strongholds mixed with the surrounding national and local tenants provide a strong and stable in-place cash flow with the current in-place rents at a low basis.
For more information, please visit 960morrissey.com