August 8, 2018
There’s more movement on William T. Morrissey Boulevard, as a familiar name consolidates more land on the increasingly in-demand stretch of road. Center Court Properties, which has offices in New York and Boston, has acquired two major parcels this week through its CC 35-55 Morrissey LLC.
The LLC purchased the Star Market at 35 Morrissey Blvd. and the Beasley Media Group Boston building at 55 Morrissey Blvd. for a combined $56 million on Aug. 6, according to the recorded deed. These lots and the smaller parcels around them comprise about 280,000 square feet of land.
Center Court, which could not immediately be reached for comment, also purchased the former WLVI-TV studio at 75 Morrissey Blvd. for $14.5 million in June 2017. The earlier purchase was through a different subsidiary, CC 75 Morrissey LLC.
According to filings with the Suffolk Country Registry of Deeds, the development company purchased the lots from Morrissey Holdings, which owns the neighboring 25 Morrissey Blvd. parcel that houses the Hub 25 apartments.
The Center Court group has made plays for other Morrissey parcels over the last year.
They were the second of two unsuccessful deals for the former Boston Globe building, since purchased by Nordblom Co. and planned for an expansive innovation campus. A reported $80 million deal with Center Court to buy the site fell through in May 2017.