Boston–Colliers International announced that its client, Mass Bay Credit Union, is 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.”