Everett, MA– A.W. Perry, a Boston- based real estate investment and development firm, announced an acquisition of a 6,500 square-foot office and industrial building on a 21,000 square-foot lot located at 15 Garden Street, in Everett, Massachusetts.
Everett is an ever-growing urban submarket in the Boston area. The booming commercial and residential market and accessibility to Boston have made Everett an ideal location for new development as well as a destination for life science and pharmaceutical companies.
“This is an exciting addition to A.W. Perry’s portfolio,” says Robert Maloney, EVP and Managing Director of Acquisitions at A.W. Perry. “This transaction continues the Company’s expansion in Everett and our growing presence in Boston’s key submarkets. We look forward to working with the City of Everett on the future redevelopment of our site.”
The property is adjacent to A.W. Perry’s existing properties at 373 and 383 Second Street, Everett, a 20,000 square-foot industrial building on a 1.58-acre lot which Perry purchased in 2017. This purchase also follows another one of the firm’s acquisitions in the Boston metro-north sub-market, a 17-acre industrial campus in Lynn’s waterfront district.