For over 15 years, Propark has brought high-end service and technology upgrades to the Charles River Park portfolio.
Equity Residential has trusted its Charles River Park portfolio to the expert management of Propark America since 2003. This account is comprised of five parking garages, totaling over 2,100 spaces, servicing some of Boston’s finest residential buildings; in addition to patients and employees of Massachusetts General Hospital and Massachusetts Eye and Ear Infirmary.
Since assuming the management contract for this account, Propark has grown net operating income for this portfolio every year, most notably by over 20% over the last four years, reaching $2.8MM.
Through automation, Propark is able to centrally-manage all operations from our Boston regional office, communicating with guests via intercoms that are directly connected to management mobile devices, providing an assured service experience for patrons of the garages.