The Port at East Beach Community Achieves Record Lease-Up Rate, Impressing Residents and Investors

The Port at East Beach Community Achieves Record Lease-Up Rate



The Port at East Beach, a luxurious waterfront multifamily community, has made headlines by successfully completing its initial lease-up phase in less than eight months. This achievement not only exceeds the expectations of many, especially considering construction delays, but it also highlights the strategic management from Drucker + Falk, a prominent name in multifamily property management.

Located in Norfolk, Virginia, The Port at East Beach presents an ideal living experience with thoughtfully designed floor plans available in one-, two-, and three-bedroom configurations. Each apartment boasts high-end interior finishes and offers breathtaking views of the water, ensuring that residents can enjoy both luxury and comfort.

In addition to its stunning apartments, the community offers an array of exceptional amenities designed to enhance the quality of life for its residents. A resort-style pool invites relaxation, while convenient grilling areas provide the perfect setting for social gatherings. Inviting lounge spaces with phenomenal water vistas further add to the community's allure.

The resident clubhouse serves as a social hub, perfect for hosting events or enjoying time with friends. Moreover, features like a secure parking garage, modern smart locks, and a safe package room emphasize the emphasis on modern living and security.

One of the standout attractions of this community is the newly renovated Port at East Beach Marina, which offers over 100 wet docking slips capable of accommodating boats up to 60 feet long. The marina starts at a monthly fee of $270, making it an attractive option for boating enthusiasts.

Onsite, the vibrant lifestyle is further enhanced by the presence of Longboards, a restaurant that serves delicious meals and drinks, offering convenience and great dining options within the community. Residents can enjoy both leisure and luxury right at their doorstep.

Deidre Brown, the Director of Multifamily Management at Drucker + Falk, expressed her excitement about the rapid lease-up, stating, "I am thrilled that DF could complete this record-breaking lease-up in a highly competitive market, all while providing outstanding customer service. This is just another example of our ability to successfully lease-up a Class A Multifamily project with owners' goals at the forefront of everything we do."

The swift lease-up of The Port at East Beach not only reinforces Drucker + Falk's reputation as a leader in multifamily management but also demonstrates their commitment to creating exceptional communities for residents. With a successful track record that spans decades, Drucker + Falk manages a portfolio consisting of over 42,000 apartment homes and significant commercial spaces across 12 states.

Founded in 1938, Drucker + Falk continues to innovate within the real estate sector, developing new properties, repositioning assets, and crafting upscale living environments that cater to modern demands. For individuals or families seeking a place that combines luxury, comfort, and an exceptional lifestyle, The Port at East Beach proves to be an exemplary choice, underscoring the benefits of living in a strategic and well-managed community.

As the real estate market shifts, the success of The Port at East Beach in such a challenging environment presents an optimistic view of future developments in the multifamily sector.

Whether you are interested in breathtaking views, upscale amenities, or community living, The Port at East Beach serves as a remarkable destination that exceeds expectations across the board.

Topics Consumer Products & Retail)

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