Massachusetts Port Authority | Commonwealth of Massachusetts Awards Facilities Contract to Boston Marine Terminal LLC Dba Ocean Havens (July 2026)
- Disclosed value
- $60,000 per year during the construction-rent period; thereafter, minimum base sublease rent, percentage rent, district service fees, and transaction rent as specified in the Term Sheet
- From minutes
- Approved
- Jul 16, 2026
- Renews
- Free account
The 30-second brief
The Massachusetts Port Authority authorized development and ground-sublease agreements with Boston Marine Terminal, LLC, doing business as Ocean Havens, for the North Jetty maritime terminal. The sublease is expected to run through February 19, 2120, with construction rent of $60,000 per year before base rent and other revenue-based charges begin.
Boston Marine Terminal LLC Dba Ocean Havens holds this facilities contract with Massachusetts Port Authority | Commonwealth of Massachusetts. Its other public contracts on record include work for Massachusetts Port Authority (Massport).
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Contract details
- Contract type
- Facilities
- Amount
- $60,000 per year during the construction-rent period; thereafter, minimum base sublease rent, percentage rent, district service fees, and transaction rent as specified in the Term Sheet
- Document date
- July 16, 2026
- Term
- Sublease commencement date through February 19, 2120
- Renews
- Free account
- Source document
- Massachusetts Port Authority Minutes Board Meeting July 16, 2026 (Minutes)
Boston Marine Terminal LLC Dba Ocean Havens's other public contracts
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Questions about this contract
Who was awarded the facilities contract by Massachusetts Port Authority | Commonwealth of Massachusetts?
Boston Marine Terminal LLC Dba Ocean Havens was awarded this facilities contract by Massachusetts Port Authority | Commonwealth of Massachusetts, as recorded on July 16, 2026. The contract value is $60,000 per year during the construction-rent period; thereafter, minimum base sublease rent, percentage rent, district service fees, and transaction rent as specified in the Term Sheet.
How much is the Boston Marine Terminal LLC Dba Ocean Havens contract with Massachusetts Port Authority | Commonwealth of Massachusetts worth?
The Boston Marine Terminal LLC Dba Ocean Havens contract with Massachusetts Port Authority | Commonwealth of Massachusetts is valued at $60,000 per year during the construction-rent period; thereafter, minimum base sublease rent, percentage rent, district service fees, and transaction rent as specified in the Term Sheet, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Massachusetts Port Authority Minutes Board Meeting July 16, 2026 (Minutes), dated July 16, 2026 from Massachusetts Port Authority | Commonwealth of Massachusetts. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Boston Marine Terminal LLC Dba Ocean Havens hold?
Boston Marine Terminal LLC Dba Ocean Havens may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Massachusetts Port Authority | Commonwealth of Massachusetts currently buying?
Explore Massachusetts Port Authority | Commonwealth of Massachusetts's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.