Related Beal is a fully integrated real estate development and investment firm operating in Boston and surrounding New England markets. The company was established in 2013 as a strategic partnership between Related Companies and the Beal Companies, a Boston real estate firm founded in 1878 and managed by the fourth generation of the Beal family. Related Beal functions as the Boston office of Related Companies, which maintains a portfolio valued at over $70 billion. The firm pursues ground-up development and acquisition opportunities across multiple asset classes, including life science, office, hospitality, multifamily residential, and retail properties. The portfolio is geographically concentrated in Boston and its urban submarkets, with projects in the Seaport, South End, Back Bay, Kenmore Square, North Station, and Fort Point neighborhoods. Related Beal's life science platform includes Innovation Square, a multi-phase development in the Raymond L. Flynn Marine Park, fully occupied by Vertex Pharmaceuticals. Office and mixed-use projects include One Kenmore Square, where WHOOP and AI Proteins lease space. The residential portfolio spans market-rate luxury condominiums and rentals, affordable housing, and workforce housing.
The firm operates under a fully integrated model that includes architecture, design, planning, entitlements, construction, finance, and property management.
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