South Boston Dorchester Avenue Real Estate Development
Sector: Commercial • Location: Boston, Massachusetts, United States
Source: The Boston Globe
A $75 million foreclosure auction deal was won by a partnership of J.T. Magen & Co. and Extell Development, acquiring a collection of vacant storage warehouses and seafood plants along Dorchester Avenue in South Boston. The acquisition consolidates ownership of 10 parcels between the Broadway and Andrew MBTA Red Line stations, including two lots previously bought by a J.T. Magen affiliate. The fir
- Status
- Closed
- Sector
- Commercial, Residential
- Location
- Boston, Massachusetts, United States of America
- Updated
- 22 Jul 2026
- Source
- The Boston Globe
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Project Information
Participants
| Not available for this record. |
Status
Original status | awarded |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A $75 million foreclosure auction deal was won by a partnership of J.T. Magen & Co. and Extell Development, acquiring a collection of vacant storage warehouses and seafood plants along Dorchester Avenue in South Boston. The acquisition consolidates ownership of 10 parcels between the Broadway and Andrew MBTA Red Line stations, including two lots previously bought by a J.T. Magen affiliate. The firms plan to partner with The HYM Investment Group to develop much-needed housing on this underutilized stretch of Dorchester Avenue, clearing the path for a long-stalled project. |
Original sector | Real Estate |
Budget |
Location
Country | United States of America (USA) |
State | Massachusetts |
City | Boston |
Source
Source | The Boston Globe |
URL |
More Details
Record type | Project |
Sector | Commercial, Residential |
Article published date | 2026-03-21 |
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