News: Front Section
Posted: June 23, 2017
A.W. Perry acquires 32,127 s/f industrial building within South Shore Park in Hingham, Mass.
Hingham, MA A.W. Perry purchased 75 Industrial Park Rd. This 32,127 s/f industrial building is located in 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 built on Weymouth St., Rockland.
“75 Industrial Park Rd. adds to A.W. Perry’s portfolio of holdings in South Shore Park,” said Kerri Gallaway, senior vice president, property portfolio and 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.”
The industrial building is located off Rte. 3 at Exit 15/ Derby St. It is a short commute from Boston and all points on the South Shore.
Established in 1884, A.W. Perry is a relationship-driven real estate investment and services firm, providing business homes to tenants and commercial development clients.
and creating high-quality residential neighborhoods that respond to the needs in our communities. Under the direction of the family’s fifth generation, the company is known for creating and nurturing long-standing business relationships. The Perry team takes pride in its properties and strives to deliver a high level of service and value to its tenants and clients. An established leader in the industry, A.W. Perry is an award winning property management firm and an experienced developer and investor. For more information, visit www.awperry.com.
Since 2011, Perry Brokerage Associates, LLC has provided leasing, sales and acquisition services, representing owners and tenants in the Boston, Cambridge and Suburban Markets.
Tags:
Front Section
MORE FROM Front Section
Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.
Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,
.png)
Quick Hits
Columns and Thought Leadership
Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore
While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul
To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.
Four tips for a smooth 1031 Exchange - by Bill Lopriore
Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz
Coming out of the pandemic, a client with three hotels in Provincetown, Mass., needed ways to let the world know his properties were open for business for the 2021 tourist season.