0.7 min readBy Published On: May 15th, 2019Categories: Living0 Comments

Boy oh boy!  Even more changes coming to the Fort Point neighborhood.  Last week we reported that Developers Alexandria and National Development purchased the 2.7 acre General Electric headquarters for $252 million.  Well, developer Related Beal has just purchased 6.5 acres of waterfront property right next to the General Electric Co. headquarters.  Boston Business Journal is reporting that Procter & Gamble Co is selling the property for $218 million. It’s located at 244-284 A St. which is currently a large parking lot. 

Marketing material for the site displayed five buildings on the 1 million square foot property.  The buildings could range in height from 110 feet to 180 feet. 

This is not the first piece of property that P&G has sold. Last year, it sold a 30,000-square-foot building and a quarter-acre parking lot for a a total of  $11.5 million.

Lots of changes coming our way!   

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