According to Eastport Real Estate Services, Inc Robert Bowen has been appointed as president of the company. Bowen, who lives in Reading, was formerly a vice president of Carruth Capital, overseeing their portfolio of 40 buildings totaling 3 million s/f. He will be responsible for the overall operations of Eastport, the management of its portfolio of commercial and residential properties, and generating third party fee management opportunities.
Bowen will be replacing Michael Price, who founded Eastport along with partners Mark and Richard Connaughton 14 years ago. Price will continue his role as a partner and will focus his efforts primarily on acquisitions through a new entity, Legacy Real Estate Ventures.
Price said, "We are excited about the talent and experience that Bob Bowen brings to Eastport and are looking forward to the next stage of growth for the company, as we position Eastport to provide management services for third parties."