News: Front Section

A.W. Perry names Flaherty president

Mark Flaherty

Boston, MA A.W. Perry, Inc. has promoted Mark Flaherty to president.

For nearly 140 years, A.W. Perry, has contributed to the  the city of Boston and the South Shore through its real estate holdings and community investments. Today, under the management of the fifth generation of the Perry family, A.W. Perry is known for properties such as 20 Winthrop Sq., The Berkeley at 420 Boylston St., and 40 Summer St. in Boston, as well as its South Shore Park campus in Hingham. 

Flaherty, an industry veteran, joined A.W. Perry in 2006 as the chief financial officer, and later became chief operating officer in 2022. Flaherty has been a member of A.W. Perry’s board of directors since 2018 and has spent more than thirty years in various roles including financing, accounting, and overseeing real estate operations. Flaherty’s transition, as well as several new team additions, marks the company’s growth and investment in the future of A.W. Perry and its assets.

Kerri Gallaway, executive vice president, and a family member of the 5th generation of A.W. Perry management said, “The company has seen its share of change and challenge during the unusual past several years, and throughout, Mark has consistently demonstrated his strong and steadfast leadership capabilities and in-depth knowledge of all aspects of our business. A.W. Perry has a long tradition of family members leading the direction of the company, and Mark, who is truly like family to us, will continue their legacy–advancing the quality and mission of the generations before us.”

“I am honored to be part of this team, and to carry this position as we look to the future of A.W. Perry, said Flaherty. “Our vision is to continue to serve our tenants and the communities we work in with the same character and excellence the firm has always made part of their mission.  This is a small chapter in a very long story, and I’m pleased to hold a part of it.”

Susan Perry O’Day, who previously served as President, will remain an involved leader as CEO and will continue to serve on the Company’s board of directors.

A.W. Perry’s services and portfolio spans regions and asset classes, including properties predominately on the South Shore and Metro Boston, and recently expanding their North Shore presence with the acquisition of an industrial facility in Lynn – now known as Lynnway Park.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary