Gerding Edlen Opens Boston Office
Apr 04, 2017
BOSTON, Mass – April 4, 2017 – Gerding Edlen, a Portland, Oregon-based real estate investment and development firm, today announced the opening of a Boston office at 177 Huntington Avenue in Back Bay.
Gerding Edlen has been active in the Boston market since 2012, and in the past five years, has owned or developed approximately 850,000 square feet of property in the market. Gerding Edlen’s first investment in Boston was in the Fort Point District, which included Factory 63, a rehabilitated shoe factory that created 33 innovation housing units and artist’s lofts, and 315 on A, a new multi-residential apartment tower with 202 apartments. The company went on to develop and own Troy Boston in the South End, which provides 378 apartment residences between two towers located on the corner of Troy, Albany and East Berkeley streets. In October 2016, Gerding Edlen opened a 258 –unit apartment property, The Eddy, in East Boston overlooking the Boston Harbor. In December 2016, Gerding Edlen purchased Neponset Landing, riverside apartments in North Quincy.
“The opening of our Boston office reflects our continued belief in the Boston market and our commitment to the area,” said Kelly Saito, managing partner at Gerding Edlen.
In addition to opening the Boston office, Gerding Edlen has hired Boston native Beatrice Thevenot as the Director of Asset Management for the Midwest and East Coast markets. Beatrice will be located in the Boston office and will oversee and manage a portfolio of properties for Gerding Edlen.
Prior to joining Gerding Edlen, Beatrice was an asset manager for a multi-family real estate investment company, where she oversaw a portfolio of multi-family assets throughout the East Coast.
About Gerding Edlen
Gerding Edlen is considered a national real estate investment, development and asset and property management firm recognized for its expertise in creating and owning highly sustainable, office, residential and mixed-use properties. Founded in 1996, the firm engages a socially responsible approach to real estate by cultivating properties that strengthen communities, minimize impact on the environment and add profound value to residents and tenants. In addition to the Boston office, Gerding Edlen has offices in San Francisco, California and Portland, Oregon.