Mass Bay Credit Union brings South Boston redevelopment opportunity online

Boston, June 12, 2019 – Boston, June 12, 2019 – Colliers International recently announced that client, Mass Bay Credit Union, is excitedly exploring potential redevelopment opportunities of its 1.05-acre South Boston branch and Headquarters site at 147 W. Fourth Street. As an important component of the organization’s long-term strategic plan, it has assured its members and the community that the sale will be contingent upon the credit union remaining on the site as part of any redevelopment plan(s). Colliers International’s Multi-Family Advisory Group of Senior Vice President Chris Sower, Vice President Bruce Lusa, Assistant Vice President Jonathan Bryant, and Associate John Flaherty have introduced the Southie asset to the market as The Block on A and see it as a truly unique opportunity in one of Boston’s most rapidly-evolving neighborhoods.

The credit union is excited about this next venture as it will ultimately unlock opportunities for state-of-the-art facilities, modernized infrastructure, and overall improved services for its valued members. It remains deeply rooted in the South Boston community and is committed as ever to continuing to offer all the same conveniences, ease of doing business, and “People Helping People” mantra on which its members have come to rely

“The Block on A is a highly desirable critical mass development opportunity,” noted Sower. “We see the sale as a 100% mutually beneficial arrangement for the parties involved and are excited to help bring Mass Bay Credit Union’s strategic plan to fruition.”

For more information on the opportunity, please visit blockona.colliers.com.

190612 mass bay credit union brings south boston redevelopment opportunity online

 

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Colliers International Group Inc. (NASDAQ: CIGI; TSX: CIGI) is an industry-leading global real estate services company with a global brand operating in 69 countries and a workforce of more than 12,000 skilled professionals serving clients in the world’s most important markets. Colliers is the fastest-growing publicly listed global real estate services company, with 2017 corporate revenues of $2.3 billion ($2.7 billion including affiliates). With an enterprising culture and significant employee ownership and control, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

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For further information, please contact:
Jen Weber
InkHouse for Colliers
Phone: 781.966.4130
Email: colliers@inkhouse.com