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.

A.W. Perry Welcomes The Panther Group/Total Clerical Services to The Summer Exchange Building in Boston

A.W. Perry, a relationship-driven real estate investment and services firm is pleased to announce that The Panther Group/ Total Clerical Services (TCS), a firm specializing in professional staffing and employment services, has recently relocated its Boston office to 5,848 sf at The Summer Exchange Building in Boston’s financial district. TCS’ tenancy brings the property to 100% occupancy. Rich Beal and Jon Gifford of Perry Brokerage represented the landlord A.W. Perry in the transaction and Ned Halloran, Jason Cameron and Leanne Rizzo of Newmark Grubb Knight Frank represented TCS.

“We are very pleased to welcome The Panther Group/Total Clerical Services to the Summer Exchange Building.” said Kerri Gallaway Vice President and Property Manager of A.W. Perry. “Their well established reputation in the employment services sector is a great addition to our professional tenant roster at The Summer Exchange Building.”

“This is a very exciting time and milestone for The Panther Group. The location, the new office space and overall service of building management is ideal as we continue to grow our business and expand our divisions in the staffing industry.” said Charlotte Muller, Vice President, The Panther Group.

Owned and managed by A.W. Perry and located in the heart of Downtown Crossing across from Macy’s, the Summer Exchange Building at 40 Summer Street is accessed through the lobby of 101 Arch Street with immediate on-site access to public transportation and numerous area amenities. For more information, visit www.awperry.com.

GBREB, uAspire to Award $110K in Scholarships at Leadership Breakfast- Chrystal Kornegay and Jack Spurr to Receive First One Award

The Greater Boston Real Estate Board (GBREB) and college financial aid services advisor uAspire will host the Second Annual GBREB Foundation Scholarship Fund Leadership Breakfast at the Intercontinental Hotel on June, 3rd from 7:30-9 AM. The Foundation will award over $110,000 in scholarship assistance to approximately 25 low-income, first-year college-bound students from the Greater Boston area at the event, which will be chaired by Larry Curtis, President & Managing Partner at Winn Development. The Leadership Breakfast will also honor Undersecretary of Housing and Community Development Chrystal Kornegay and Jack Spurr, President & CEO of A.W. Perry, and will feature a keynote address by Massachusetts Lieutenant Governor Karyn Polito.

Kornegay and Spurr will be honored with uAspire’s First One Award, which is being given to them as real estate leaders who were the first generation of their families to graduate from college, and who subsequently made a meaningful impact on the lives of others. The honorees represent the power of higher education to propel individuals and families out of poverty and toward lives of opportunity and service.Created in 2011, winners have included former Governor Deval Patrick, the late Boston Mayor Thomas Menino, Kevin Phelan of Colliers, former Massachusetts U.S. Senator Mo Cowan, and Goodwin Procter Chairman Emeritus Regina Pisa. 

GBREB and uAspire joined forces in 2012, and in the first five years of the alliance have distributed over $500,000 in “last dollar” scholarships – intended to fill the gap between students’ financial aid and the non-tuition costs of college, such as room and board, computers, and books and supplies – with the GBREB Foundation providing the funding and uAspire administering the scholarships. The scholarships are awarded based on academic achievement, leadership experience, extracurricular involvement, and demonstrated financial need, range from $1,000 to $5,000 per year per student, and are guaranteed for two years.

At the Leadership Breakfast, GBREB and uAspire will also announce the participants in the “College to Career Initiative” summer student internship program designed to cultivate a more diverse generation of real estate professionals in Greater Boston. The paid, 6-8 week program (which was launched last summer) connects economically disadvantaged but academically gifted students with firms involved in the various facets of the commercial real estate industry, including development, architecture, engineering, construction and finance. An integral component of the internship will be the pairing of students with a mentor to guide them, not only during the internship but through the academic year as they contemplate a career in the CRE industry. Leggat McCall Properties, WinnCompanies, Colliers International, Peabody Properties, A.W. Perry, Boston’s Luxury Properties and the Unit Realty Group are among the firms that have already agreed to provide internships for the summer of 2016, which begin in July. Openings exist for more firms to participate, and interested firms can contact Tom Doyle of GBREB tdoyle@gbreb.com or Wally DeGuglielmo of uAspire wallyd@uaspire.org.

At the Leadership Breakfast, each sponsored table will be accompanied by a scholarship student, and current table sponsors for the event include: WinnCompanies, Suffolk Construction, A.W. Perry, Beacon Communities LLC, Related Beal, Claremont Companies, Eastern Bank, Equity Residential, First Resource Companies, Keith Construction, NEI Construction, Perry Brokerage Associates, and the Schochet Companies. The Real Reporter is the media sponsor for the event. Those interested in sponsorship opportunities should contact Tom Doyle at tdoyle@gbreb.com.

Bolt Depot Lease Brings 100 Research Road at South Shore Park Hingham to 100% Occupancy

A.W. Perry, a relationship-driven real estate investment and services firm is pleased to announce that Bolt Depot, an internet fastener retailer, has executed a lease for 23,000 square feet at 100 Research Road in South Shore Park Hingham, MA.  They join Best Chevrolet, Venus Wafers and Plastocor in bringing the property to 100% occupancy.  Rich Beal and Jon Gifford of Perry Brokerage represented  A.W. Perry in this lease transaction.

“Our expansion and relocation to the South Shore Park in Hingham puts our warehouse within 2 minutes from Route 3, and our 30-plus employees minutes from their homes and everything that Derby Street has to offer” said Gary Cazeault General Manager of Bolt Depot.   “We are excited to partner with A.W. Perry.”

“We are very pleased to welcome Bolt Depot to 100 Research Road,” said June Cunniff Vice President and Property Manager of A.W. Perry.  “They are an ideal tenant for the property and we look forward to their long term presence.”

100 Research Road is a 100,000 square foot industrial building in South Shore Park, Hingham, MA.  South Shore Park is conveniently located at Exit 15/Derby Street off of route 3.  For more information on lease opportunities in South Shore Park please visit: www.perrybrokerage.com