A.W. Perry, Inc. closes on purchase of 373-383 Second St. - a 20,000 s/f building in Everett, Mass.

Everett, MA A.W. Perry, Inc. closed on the purchase of 373-383 Second St. The sale price was not disclosed. Located in a neighborhood that is undergoing multiple redevelopment projects, the property consists of 1.5 acres with a 20,000 s/f industrial/manufacturing structure and is located off of Rte. 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 St. to our expanding portfolio,” said 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.”

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 their communities. Under the direction of the family’s fifth generation, the company is known for creating and nurturing long-standing 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.