news & press

The Mount Vernon Company Follows Trend Towards Up-and-Coming Allston Neighborhood

Published in Press, Other

The Mount Vernon Company recently purchased 1200 Soldiers Field Road as its new corporate headquarters. Purchased for $3.8M from Intercontinental Real Estate Corporation, the building consists of approximately 19,000 SF and 38 underground parking spaces. It resides directly on Soldiers Field Road at the intersection of Everett Street. Frank Petz of Jones Lang LaSalle brokered the transaction on behalf of Intercontinental Real Estate Corporation.

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Developer Acquires Allston Property For New HQ

Published in Press, Other

Boston developer Mount Vernon Co. is moving to where a big piece of the action is in the multifamily market. The company, which owns more than 1,500 apartment units in Greater Boston including nearly 1,000 in Allston-Brighton, acquired a new 19,250-square-foot headquarters at 1200 Soldiers Field Road from Intercontinental Real Estate Corp. on May 24 for $3.8 million. It will relocate from Haddon Hall at 29 Commonwealth Ave. in mid-August, founder and Chairman Bruce Percelay said.

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