A.W. Perry Closes on the Purchase of 373-383 Second Street in Everett, MA, An Industrial Asset

A.W. Perry,  a relationship-driven real estate investment and services firm with offices in Boston and Hingham, MA is pleased to announce that the Company recently closed on the purchase of 373-383 Second Street in Everett, MA.

Located in a neighborhood that is undergoing multiple redevelopment projects, the property consists of 1.5 acres with a 20,000 square foot industrial/manufacturing structure and is located off of Route 16, one mile from the future Wynn Everett Resort & Casino and three blocks from the future MBTA Chelsea Commuter Rail station and the new Silver Line station.

“We are excited to add 373-383 Second Street to our expanding portfolio,” stated Richard Beal, President of A.W. Perry.  “It is a strategic complement to our existing industrial holdings, in an area that is a key driver of this segment of the Boston market.  We envision a strong upside for this property.

A.W. Perry Acquires 75 Industrial Park Road in South Shore Park Hingham, MA

A.W. Perry, a relationship-driven real estate investment and services firm with offices in Boston and Hingham, MA is pleased to announce that the Company has  purchased 75 Industrial Park Road, Hingham, MA.  This 32,127 sf industrial building is located in Hingham’s South Shore Park. Rich Beal and Jon Gifford of Perry Brokerage  represented A.W. Perry in the acquisition transaction from United HVAC. United HVAC is leasing back the property while their new headquarters facility is being built on Weymouth Street in Rockland, MA.

“75 Industrial Park Road is a great addition to A.W. Perry’s portfolio of holdings in South Shore Park,” noted Kerri Gallaway, Senior Vice President, Property Portfolio & Marketing Director with A.W. Perry,   “Occupancy levels at the Park have substantially increased, and we look forward to having this well positioned asset available to meet future tenants’ business needs.”

Owned and managed by A.W. Perry, this 32,127 sf, industrial building is conveniently located off Route 3 Exit 15/ Derby Street in South Shore Park. It is a short commute from Boston and all points on the South Shore. For more information about  leasing opportunities in South Shore Park please visit: www.perrybrokerage.com

A.W.Perry & Boston Andes Capital Close on the Purchase of 10 Shipyard Drive, Hingham, MA, A Transit-Oriented 77-Unit Luxury Waterfront Condominium Development

A.W. Perry is pleased to announce that the Company recently closed on the purchase of 10 Shipyard Drive in Hingham, MA with joint venture partner Boston Andes Capital, LLC. A.W. Perry and Boston Andes have partnered to develop Brio, a 77-unit luxury condominium complex located on 2.51 acres in the Hingham Shipyard on the waterfront overlooking the marina. Brio will feature one and two-bedroom luxury condominium units with 160 indoor and outdoor parking spaces, conveniently located close to a variety of restaurants and retail shops, steps-away from the MBTA commuter boat and bus line providing access to the Red Line in Quincy Center. Interested parties please call Brio’s sales agent TLC Real Estate at 781-789-2671.

“A.W. Perry has a long history of developing successful real estate projects in Hingham, and we look forward to continuing that legacy. We love the Shipyard location with its access to shopping, entertainment, the waterfront, recreation, and best of all, public transportation. This is going to be a great project for us and for the town of Hingham” said Bob Maloney, Executive Vice President and Managing Director of Acquisitions for A.W. Perry.

A.W. Perry’s Fifth Generation Takes the Reigns- Richard P. Beal Appointed President

A.W. Perry, a relationship-driven real estate investment and services firm with offices in Boston and Hingham, MA is pleased to announce that Richard P. Beal has been appointed President of the Company.   Rich is following family tradition and becomes the 9th president of this privately held real estate firm established in 1884 by Alonzo W. Perry. In this role Rich will oversee the overall strategic direction and operations of the Company.   Rich joined A.W. Perry in 2004 and spent 7 years overseeing the Company’s South Shore residential development division as well as leasing, property management and asset management for various commercial properties.  Since 2011, Rich has been President of Perry Brokerage Associates, a commercial brokerage operation providing leasing, sales and acquisition services, representing landlords and tenants in the Boston, Cambridge and Suburban markets.  Rich served as Chairman of the Greater Boston Real Estate Board in 2015 and is a past President of Building Owners and Managers Association (BOMA Boston).

Rich takes the reigns from Jack Spurr who has recently retired from his role as President after 35 years with the Company.  Jack will remain on the Company’s Board of Directors as Vice Chairman and will continue to oversee Perry’s Residential Development division on the South Shore.  William (Buzz) G. Constable who has been with the Company for more than 32 years has also stepped back to a part time position and will serve as an Executive Consultant, providing development and legal expertise to the A.W. Perry team.

“I am honored with the opportunity to lead A.W. Perry into the next chapter of its history and to carry on the legacy and proud traditions of our firm,” said Rich Beal.  “A.W. Perry has a dedicated team of professionals, and I look forward to working with them to maximize our tenant and client experience in all of our business platforms.”

Spark Technologies LLC Relocates to 1050 Hingham Street Rockland, MA

A.W. Perry, a relationship-driven real estate investment and services firm is pleased to announce that Spark Technologies LLC has relocated its business to the first floor at 1050 Hingham Street, Rockland, MA. Rich Beal and Jon Gifford of Perry Brokerage represented the landlord A.W. Perry in the lease transaction and Bill Lynch of Colliers represented Spark Technologies.

“We are very excited to move into such a technically advanced office space. With the infrastructure in place, convenient location, custom designed IT Tech Office space and great neighbors… we couldn’t ask for anything more,” said Richard M. Welch, Jr., President of Spark Technologies LLC.

“We are very pleased to have the team from Sparks Technologies with us at 1050 Hingham Street,” said June Cunniff, Vice President and Property Manager with A.W. Perry.  “They are a great addition to the building and we look forward to serving them in the years to come. ”

Owned and managed by A.W. Perry, this first class, 39,772 sf, 3-story, office building is conveniently located on the Exit 14 Ramp of Route 3 South in Rockland and is a short commute from Boston and all points on the South Shore. With restaurants, hotels and retail amenities nearby, 1050 Hingham Street offers ample parking and extensive ramp frontage on and immediate access from Route 3.  Recent updates have been made to the lobby and common areas and improvements have been made to the building’s facade.  For more information about South Shore leasing opportunities please visit: www.perrybrokerage.com.

A.W. Perry Welcomes Ned Davis Research to Their New Office Space at 77 Franklin Street, Boston, MA

A.W. Perry, a relationship-driven real estate investment and services firm is pleased to announce that Ned Davis Research (NDR), one of the largest independent institutional investment research providers in the market, has signed a lease for 5,500 square feet at 77 Franklin Street in Boston, MA, comprising the entire 9thfloor.  Rich Beal and Jon Gifford of Perry Brokerage represented A.W. Perry and Shawn McDonough and Derek Losi of Cresa Partners represented Ned Davis Research in the lease transaction.

“We are excited to be relocating our Boston office to 77 Franklin,” said Brian Frohn CFO of Ned Davis Research.  “A.W. Perry provided us with an opportunity to build out a full floor to our specifications and to expand our office footprint from our former location.  77 Franklin has historic appeal yet our office space is contemporary and will provide our team with an inspiring, bright and collaborative working environment.”

“We are pleased to welcome the team from Ned Davis Research to 77 Franklin Street, ” said Kerri Gallaway, Vice President and Property Manager of A.W. Perry.  “NDR’s enthusiastic team and their well-established reputation in the investment management industry make them a great addition to the building and to A.W. Perry’s tenant roster.”

77 Franklin Street, a 10-story office building is conveniently located in Boston’s Financial District and is steps away from Downtown Crossing, Post Office Square and South Station. The building features on-site management, a 24-hour lobby attendant, easy access to public transportation and numerous area amenities. The building is nearly at 100% occupancy, though a prime office lease opportunity of 1,554 square feet is available on the building’s 5th floor.  For more information please visit: www.perrybrokerage.com.

A.W. Perry Welcomes Local Flow Logistics to their New Office Space at South Shore Park Hingham, MA

A.W. Perry, a relationship-driven real estate investment and services firm is pleased to announce that Local Flow Logistics has signed a 2,000 sf lease for office space at 5 Pond Park Road in South Shore Park Hingham, MA. The group is relocating to a larger footprint from their current 4 North Street office in Hingham. Perry Brokerage was happy to assist with their expansion needs as this new entity grows their presence in the South Shore market. Rich Beal and Jon Gifford of Perry Brokerage represented A.W. Perry in the lease transaction.

Local Flow Logistics specializes in providing high touch, critical last mile services to local businesses and residents including receiving, storage, and white glove delivery. Founders Rob Speer and Pete Mahoney stated, “Our new headquarters at 5 Pond Park provides an ideal location to best meet our clients’ needs.”

“5 Pond Park Road is the perfect spot for Local Flow Logistics to execute their expanding business model. We are thrilled to have them complete our tenant roster at this property,” said June Cunniff, Vice President of A.W. Perry.

5 Pond Park is a 12,000 sf office/warehouse/R&D/flex space conveniently located just off Route 3 Exit 15/ Derby Street in South Shore Park.  This lease brings 5 Pond Park to full occupancy. For more information about leasing opportunities in South Shore Park please visit: www.perrybrokerage.com.

A.W. Perry Inks 12,400 Square Feet In New Leases at South Shore Park Hingham, MA

A.W. Perry, a relationship-driven real estate investment and services firm is pleased to announce that South Shore Cheer Academy has leased 10,000 square feet at 3 Pond Park Road and Custom Home Interiors has leased 2,400 square feet at 1 Pond Park Road in South Shore Park Hingham, MA. Rich Beal and Jon Gifford of Perry Brokerage represented A.W. Perry, Inc. in both transactions and Ken Oppenheim and Ellison Patton of Lincoln Property represented South Shore Cheer Academy. The signing of these leases brings both facilities to full occupancy.

South Shore Cheer’s new location at 3 Pond Park serves as an expansion location for East Celebrity Elite Gym, a program that provides training in the sport of cheerleading. Custom Home Interiors creates fine interior home finishes and the manufacturing nature of the building makes 1 Pond Park an ideal home for its business.

“We are pleased to accommodate South Shore Cheer’s expansion and
to welcome them and Custom Home Interiors to South Shore Park ,” said
June Cunniff Vice President and Property Manager of A.W. Perry, Inc.

South Shore Park is conveniently located at Exit 15/Derby Street off
of Route 3. For more information on leasing or development
opportunities in South Shore Park please visit:
www.perrybrokerage.com.

A.W. Perry Welcomes Kelmar Associates to 1050 Hingham Street, Rockland, MA

A.W. Perry, a relationship-driven real estate investment and services firm is pleased to announce that Kelmar Associates has leased 7,548 square feet of office space at 1050 Hingham Street in Rockland, MA. Kelmar provides services focused on state unclaimed property issues. Rich Beal and Jon Gifford of Perry Brokerage represented A.W. Perry, Inc. and David Campbell of Cushman & Wakefield represented Kelmar in the lease transaction.

“Kelmar Associates looks forward to expanding its presence on the South Shore. With convenient access to Route 3, 1050 Hingham Street is an ideal location for our expansion,” said Michael LeBlanc Chief Financial Officer of Kelmar.

“We look forward to welcoming the team from Kelmar ,” said June Cunniff Vice President and Property Manager of A.W. Perry, Inc. “They will be a great addition to our professional tenant roster at 1050 Hingham Street.”

1050 Hingham Street, Rockland is a 40,000 sf first class suburban office building conveniently located off of route 3 at exit 14. Office suites from 1,600 sf to 9,200 sf are still available.

For more information visit: www.perrybrokerage.com.

Sharon Merrill Associates Renews Lease With A.W. Perry at 77 Franklin Street Boston, MA

A.W. Perry, a relationship-driven real estate investment and services firm is pleased to announce that Sharon Merrill Associates a strategic communications advisory firm has renewed its lease for 5,500 square feet at 77 Franklin Street Boston, MA.  Rich Beal of Perry Brokerage represented the landlord, A.W. Perry and Brandon Leitner of CRESA Boston represented Sharon Merrill Associates in the lease renewal transaction.

“Sharon Merrill Associates serves a domestic and international client base, and has offered a breadth of investor relations and corporate communications services from our centralized Boston headquarters at 77 Franklin Street for the past decade,” said President & Partner Maureen Wolff. “We have enjoyed our partnership with the team at A.W. Perry for many years. Our decision to renew made sense both strategically and financially.”

“We value our long-standing relationship with Sharon Merrill Associates and look forward to working with the team in the years to come,” said Kerri Gallaway Vice President and Property Manager of A.W. Perry.

77 Franklin Street is located at the intersection of Franklin Street and Arch Street in the heart of the city’s Financial District steps away from Downtown Crossing, Post Office Square and South Station, featuring on-site management, a 24-hour lobby attendant, and easy access to public transportation and numerous area amenities.  For more information visit: www.perrybrokerage.com.