John M. Corcoran & Company will assume management of Chocolate Factory Apartments in Mansfield and begin co-managing Prescott Post in Portsmouth, New Hampshire as part of a new partnership with Eastern Real Estate.

Chocolate Factory Apartments

Chocolate Factory Apartments, recently acquired by Eastern Real Estate, features 130 units. Located at 150 Oakland Street in Mansfield, the development resulted from the 2023 adaptive reuse of an industrial premium chocolate factory. Distinct historic features including exposed brick walls and wood ceilings remain.

Prescott Post

Prescott Post, a collaboration between Eastern Real Estate and The Kane Company, will feature 360 units once completed. The 100 Durgin Lane development is scheduled to open in early 2027.

“JMC brings a depth of residential management experience and an established operating platform that aligns well with our approach to these communities,” Andrew Hayes, managing director at Eastern Real Estate, said in a press release. “The two assignments underscore JMC’s continued growth as a third-party management provider, building on the company’s more than seven decades of residential operating experience while expanding its relationships with sophisticated owners, developers and investment partners.”