Boston, MA, (June 13, 2019) – Eastern Real Estate LLC, today marked its 20th year as one of the industry’s leading commercial real estate, development and asset management firms with a celebration for staff and clients at its new headquarters in Boston’s Seaport district.

“Since our inception twenty years ago we have remained committed to adding value to complex real estate opportunities,” said Daniel J. Doherty III, Co-founder and Principal of Eastern Real Estate LLC. “Today we have a well-established track record of successful investing across multiple asset classes. This is a hallmark of our brand and we look forward to the next twenty years of improving the quality of life in the communities where we invest.”

Led by Daniel J. Doherty III and Brian J. Kelly, Eastern Real Estate’s legacy began with the 1990’s acquisition of the former Wang corporate headquarters in Lowell. Their successful redevelopment of the landmark towers established Doherty and Kelly as innovative commercial real estate developers in Greater Boston.

The firm’s recent highlights include the development of University Station in Westwood, MA, the repositioning of the storied Taj Boston Hotel, and the development of a $150 million multi-generational, mixed-use portfolio in Las Vegas, NV. The firm also replaced a 1960s-era mall in Palm Beach, Florida with a modern-day, open-air 750,000 square-foot retail center. Eastern Real Estate also renovated the landmark Custom House in Portland, OR into a preeminent workspace, leased to WeWork.

Eastern Real Estate is strategically investing in numerous value-add opportunities, across all asset classes, primarily in New England, the Southeast, and California.

About Eastern Real Estate LLC

Eastern Real Estate LLC is a privately held commercial real estate company with expertise in capital investment, real estate development and asset management. We specialize in adding value to complex real estate opportunities and have a long-standing, proven track record of successful investing across multiple asset classes. Eastern Real Estate leverages the entrepreneurial spirit, industry expertise and market knowledge of our multi-disciplinary team to identify, invest, develop and manage commercial real estate projects across the country