News: Owners Developers & Managers

Perry Lynnway LLC expands lease to Wash Cycle and finishes project

ynn, MA Perry Lynnway LLC, a joint venture of A.W. Perry and Foxfield, have completed the expansion of tenant Wash Cycle at Lynnway Park, along with the completion of significant capital investments to the project on the waterfront.

The redevelopment of the former Garelick Farms Plant continues to show strong momentum as 160,000 s/f of space has now been leased at 680 and 626 Lynnway, leaving 40,000 s/f of second floor available. This available space is equipped with heavy-duty electrical infrastructure, offering ample power capacity to support high-energy use operations. In addition to the existing buildings, the site includes 10 acres of development land fronting on Circle Ave.

In 2021, the former West Lynn Creamery and Garelick Farms was rebranded as Lynnway Park by Perry Lynnway, and manager A.W. Perry. Since then, the team has undertaken improvements to the site, including façade enhancements and the removal of the unsightly tanks from the former wastewater treatment plant, and various cosmetic changes to enhance the overall area. Lynnway Park is rapidly emerging as a key industrial hub on the North Shore.

“Lynn is a fantastic city, and we’re proud to have made meaningful changes to the site in collaboration with the city and the community,” said Robert King. “Wash Cycle’s expansion is exciting on multiple fronts – it completes the leasing cycle for the property, and it marks continued growth for an employer committed to making a positive impact in the community.”

Wash Cycle Laundry, which provides commercial and hotel laundry services for global airline and hotel brands, has expanded its lease from 24,441 s/f to 45,875 s/f. This growing company who has tripled its workforce in the last two years, is dedicated to what is called ‘second-chance’ hiring. Since the business began, Wash Cycle has consistently recruited and hired individuals with backgrounds of homelessness, substance abuse and other significant sources of life disruption.

In the summer of 2024 addition, A.W. Perry collaborated with tenant GPC and Beyond Walls, a beloved nonprofit whose mission is to introduce public art and curated experiences into the fabric of communities. 

The group commissioned artist Mr. June to design and implement an amazing mural at Lynnway Park.

Perry Lynnway received the Greater Lynn Chamber of Commerce Pride Award in part because of its ‘I Love Lynn’ sign at the corner of Day St. and the Lynnway. The award was recognized by the Lynn City Council, the Mayor of Lynn and the Massachusetts Senate and House of Representatives.

Lynnway Park is included in the city’s Waterfront Master Plan. Lynn Harbor Park, a 33-acre water-front park and recreation center is adjacent to 0 Circle Ave. and will open in the Summer of 2025 adjacent to Lynnway Park to the east. A.W. Perry purchased Lynnway Park, 626 and 680 Lynnway and 0 Circle Ave. in December of 2020.

A.W. Perry is a privately held real estate firm that has strived to provide the highest level of service and value to its clients. The Company maintains a reputation of strength, stability and integrity and is known for establishing and nurturing long-standing business relationships. 

MORE FROM Owners Developers & Managers

Atlantic Property Management expands facilities maintenance platform: Assigned two new facility management contracts in RI

Boston, MA Atlantic Property Management (APM) has expanded its internal facilities maintenance and operations platform and has been assigned two new facility management contracts in Rhode Island. The properties will undergo redevelopment and repositioning
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

Unlocking value for commercial real estate: Solar solutions for a changing market - by Claire Broido Johnson

As the commercial real estate market continues to navigate the disruptive forces of rising vacancy rates and increasing operating costs, landlords are under pressure to find new levers to protect income and strengthen asset performance. Amid these challenges, onsite solar and battery storage – particularly when financed through third-party ownership models – are emerging not just as environmental upgrades, but as powerful financial strategies.
New Quonset pier supports small businesses and economic growth - by Steven J. King

New Quonset pier supports small businesses and economic growth - by Steven J. King

Quonset recently celebrated a milestone nearly 70 years in the making when federal, state, and local leaders joined us for the ribbon cutting of the new Terminal 5 Pier and Blue Economy Support Docks at the Port of Davisville.
Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

Tenant Estoppel certificates: Navigating risks, responses and leverage - by Laura Kaplan

When it comes to the sale or financing of real property, tenant estoppel certificates are not just formalities – they are crucial documents that confirm the status of existing leases. Tenant estoppel certificates offer prospective buyers and lenders necessary assurance regarding the property’s financials and any
Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

Connecticut’s Transfer Act will expire in 2026. What should property owners do now? - by Samuel Haydock

A major shift in Connecticut’s environmental law is on the horizon: the state’s Transfer Act will expire next year, ushering in a new cleanup program with broader applicability and new triggers.