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News: Front Section
Posted: February 8, 2019
Eastern Real Estate opens corporate headquarters in the Seaport District
Boston, MA Eastern Real Estate has moved to One Marina Park Dr. in the Seaport District. Known across the industry for developing and revitalizing large-scale commercial properties, Eastern has invested in more than 150 projects over 15 million s/f and has completed projects in excess of $3 billion since its founding in 2000.
The firm’s recent highlights include the development of University Station in Westwood, Mass., a multi-phase 1.5 million s/f mixed-use project, the repositioning of the storied Taj Boston Hotel located across from the city’s historic Public Garden, and the development of a $150 million multi-generational, mixed-use portfolio in Las Vegas. The firm also replaced a 1.2 million s/f Palm Beach Mall, constructing a open-air 750,000 s/f retail center.
Additionally, Eastern renovated the landmark Custom House in Portland, OR into a preeminent workspace, fully leased to WeWork.
“The Eastern team has long been focused on enhancing the quality of life in the communities where we invest,” said Eastern principal Daniel Doherty III. “The Seaport District – an area known for innovative thinking – is a perfect backdrop for the entrepreneurial and collaborative spirit that drives our investment practices throughout the United States.”
Eastern Real Estate is strategically investing in numerous value-add opportunities, across all asset classes, primarily in New England, the Southeast, and California.
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