Perry Brokerage Associates Represents Walden Local Meat in HQ Expansion

Perry Brokerages Associates today announces that Jeremy Roy, Senior Vice President, and Tyler Hilson, Broker Associate, represented Walden Local Meat in a successful expansion and relocation to a new headquarters at 18 Esquire Road in Billerica.  With another location under agreement that had fallen through and an immediate lease expiration, Walden Local Meat hired Perry to identify industrial properties with clear height sufficient to freeze their meat in a vertical, as opposed to horizontal, orientation.

“We were pleased to assist our client Walden Local Meat in a search with a variety of unique characteristics” said Jeremy Roy, who went on to say “we were able to work with Walden in an evaluation which required numerous tours and found an ideal location with suitable clear height at 18 Esquire Road, and were able to work with the landlord to facilitate an early termination to accommodate Walden Local Meat’s required occupancy time frame”. The North Shore industrial market is 7.7 percent vacant as of the second quarter of 2017, and demand is strong for functional space, additional factors that provided challenges to finding the right location under the right terms.

“We’re delighted to join the Billerica community.  Everyone in town has been incredibly welcoming and we’re excited to get set up.  We have many customers in town and it is an ideal location for us right off of Route 3 – as most of our products are raised to the North and sold to the South, it will work nicely for us.  Jeremy and his team did a great job working through some tricky requirements with us on an extremely tight timeline” Said, Charley Cummings, CEO, Walden Local Meat.

Ellen Garthoff, David Stubblebine, James Stubblebine and Micah Stubblebine of The Stubblebine Company/CORFAC International represented the Landlord, Wakefield Investments, in the transaction.

About Walden Local Meat

Walden is a 3-year old mission driven startup with a mission of reinvigorating local agricultural economies, in support of healthier animals, soils, and communities. We market and distribute sustainable meat that you can truly feel good about – from a health, economic, environmental and ethical perspective.  With both a consumer retail and wholesale business, we have significant market traction as the leading direct to consumer branded meat in the Northeast.  Order your share at waldenlocalmeat.com!

Perry Brokerage Successfully Represents A.W. Perry in the Acquisition of 75 Industrial Park Road, Hingham, MA

75  Industrial Park Road, South Shore Park, Hingham, MA

Perry Brokerage, a full service commercial brokerage firm serving Boston, Cambridge, and the Suburban markets represented A.W. Perry in the acquisition of 75 Industrial Park Road, Hingham, MA. Rich Beal and Jon Gifford of Perry Brokerage successfully negotiated the transaction from United HVAC. United HVAC is leasing back the property while their new headquarters facility is built on Weymouth Street, Rockland, MA.

“75 Industrial Park Road adds to A.W. Perry’s portfolio of holdings in South Shore Park,” noted Kerri Gallaway, Senior Vice President, Property Portfolio & Marketing Director with A.W. Perry.  She continued, “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.”

Owned and managed by A.W. Perry, this 32,127 sf, industrial building is conveniently located off Route 3 Exit 15/ Derby Street in South Shore Park. It is a short commute from Boston and all points on the South Shore.

Custom Home Interiors Expands Space Requirement at 1 Pond Park Road, Hingham, MA- Doubles Existing Footprint

1 Pond Park Road, Hingham, MA

Perry Brokerage , a full service commercial brokerage firm representing tenants and landlords in the Boston, Cambridge, and Suburban markets is pleased to announce that Custom Home Interiors has doubled their space requirement at 1 Pond Park Road, Hingham, MA. Custom Home has captured the remaining available space at 1 Pond Park for creation of fine home furnishings; the group previously occupied 2,400 sf of R&D and Warehouse space at the address. Rich Beal and Jon Gifford of Perry Brokerage represented the landlord, A.W. Perry, in this expansion and extension transaction.

“We are thrilled that Custom Home Interiors has opted to expand and extend their space requirement and term at 1 Pond Park Road. Their current setup has proven to be an excellent match for our building and we look forward to Custom Homes’ tenancy for years to come,” said Kerri Gallaway, Senior Vice President, Property Portfolio & Marketing Director of A.W. Perry.

1 Pond Park Road is a 9,540 sf flex building sf conveniently located off of route 3 at exit 15/Derby Street in South Shore Park.

 

 

Medford-Based Language Translation Leader Secures 11,972 SF For Expansion

Jeremy Roy, Senior Vice President at Perry Brokerage Associates (“Perry,” or “PBA”) and formerly of Newmark Grubb Knight Frank has assisted Language Scientific Inc., an international leader in language translation services for the medical and scientific industries, in a sublease of 11,972 square feet at 101 Station Landing in Medford, Massachusetts. The lease followed a comprehensive search and negotiation of the company’s final options, both led by Jeremy Roy.

Relocating from nearby 10 Cabot Road, Language Scientific selected Jeremy Roy to assist in finding the company larger and more efficient space for its headquarters. Language Scientific ultimately selected a long-term sublease from Tufts Health Plan seven months prior to their lease expiration based on the property’s superior location, nearby restaurant, hotel and health club amenities and immediate access to public transportation for their employees. Language Scientific will take occupancy of the new Class A space in November 2017.

“While initially reluctant to relocate from their long-term home, Language Scientific is thrilled to have found everything they were looking for in a new headquarters at 101 Station Landing,” said Roy. “They are excited to stay in Medford and will enjoy great economics and tremendous sublease terms over the course of their tenancy at the new location. The Sublandlord is also providing a brand-new turn-key buildout of the sublease with no construction expense risk exposure for my client, a critical component of their decision to relocate.”

“Jeremy and his team were phenomenal throughout the entire process, continuously going above and beyond to get us into the exact space we were seeking. Jeremy was professional, patient, trustworthy and an adept negotiator, helping us to get the best deal possible while meeting our timeline. We look forward to making our new home at 101 Station Landing,” said Sharon Blank, CEO of Language Scientific.

The Sublandlord was represented by the team of Barry Hynes, Executive Director, Brian Hines, Vice Chairman, Sean Teague, Executive Director, and Christopher Walsh, Senior Associate, of Cushman & Wakefield.

New York Life Insurance Company Inks Deal at 1050 Hingham Street, Rockland, MA

1050-Hingham-Street-(Slide-1)

1050 Hingham Street, Rockland, MA

Perry Brokerage, a full service commercial brokerage firm serving Boston, Cambridge and the Suburban markets is pleased to announce that New York Life Insurance Company, a leading provider of retirement, insurance and investment services has signed a lease for 6,318 square feet at 1050 Hingham Street, Rockland, MA. This expansion location will meet NY Life’s growing customer base upon their July 1, 2017 occupancy. Rich Beal and Jon Gifford of Perry Brokerage successfully negotiated on behalf of the landlord, A.W. Perry, and Nicole Tiger and Sean Lynch of Jones Lang LaSalle (JLL) represented NY Life in the lease transaction.

“We are thrilled to have New York Life join the tenant roster at 1050 Hingham Street. Their high caliber tenancy is a great addition to this property. We look forward to servicing their needs over the years to come” said June Cunniff, Vice President and Property Manager with A.W. Perry.

Owned and managed by A.W. Perry, this first class, 39,772 sf, 3-story, office building is conveniently located on the Exit 14 Ramp of Route 3 South in Rockland and is a short commute from Boston and all points on the South Shore. With restaurants, hotels and retail amenities nearby, 1050 Hingham Street offers ample parking and extensive ramp frontage on and immediate access from Route 3. Recent updates have been made to the lobby and common areas and as well as improvements to the building’s facade.

Brendan Carroll Joins Perry Brokerage as Director of Intelligence

Brendan-Web edited

Perry Brokerage, (“PBA”) today announced it has hired 20-year research veteran Brendan Carroll as its Director of Intelligence. With Carroll, PBA offers its associates and clients a full array of research reports and services.

“We are delighted to be able to offer our clients what we believe is this market’s leading research information platform,” said Richard P. Beal, President at PBA, “Brendan reflects our firm’s strategy to continue our overall growth within the commercial real estate brokerage industry”

Carroll has served in prominent research roles for numerous commercial real estate firms, most notably with Transwestern RBJ. In March 2016, Carroll founded Encompass Real Estate Strategy, which published 51 research materials during a ten-month span under the group’s “Spectrum” family of reports. Carroll has been recognized by Commercial Property News as one of the “40 people to watch” in commercial real estate nationally. He is a visible figure in media for his topical research reports on numerous subjects including biotechnology, urbanization, and “smart growth” development.

“The vision and entrepreneurial character of Perry is a natural fit for me,” said Carroll. Beal added, “Brendan’s state-of-the-art, data-driven information will benefit PBA’s clients throughout the region, and empower them to develop and execute winning real estate strategies.”

Perry Brokerage will release its first research material, Blue, Spectrum’s macro-level quarterly office report, on March 21st.

For more information, visit www.perrybrokerage.com.

Follow us on Twitter @PerryBrokerage. Follow Perry Brokerage Research @pbaresearch.

Spark Technologies LLC Signs Lease at 1050 Hingham Street, Rockland, MA

1050 Hingham Street

1050 Hingham Street, Rockland, MA

Perry Brokerage, a full service commercial brokerage firm serving Boston and the South Shore is pleased to announce that Spark Technologies LLC has relocated its business to the first floor at 1050 Hingham Street, Rockland, MA. Rich Beal and Jon Gifford of Perry Brokerage represented the landlord, A.W. Perry. in the lease transaction and Bill Lynch of Colliers represented Spark Technologies.

“We are very excited to move into such a technically advanced office space. With the infrastructure in place, convenient location, custom designed IT Tech Office space and great neighbors… we couldn’t ask for anything more,” said Richard M. Welch, Jr., President of Spark Technologies LLC.

“We are very pleased to have the team from Spark Technologies with us at 1050 Hingham Street,” said June Cunniff, Vice President and Property Manager with A.W. Perry.  “They are a great addition to the Building and we look forward to serving them in the years to come. ”

Owned and managed by A.W. Perry, this first class, 39,772 sf, 3-story, office building is conveniently located on the Exit 14 Ramp of Route 3 South in Rockland and is a short commute from Boston and all points on the South Shore. With restaurants, hotels and retail amenities nearby, 1050 Hingham Street offers ample parking and extensive ramp frontage on and immediate access from Route 3. Recent updates have been made to the lobby and common areas and improvements to the facade are planned for the near future. For more information about our South Shore leasing opportunities please visit: www.perrybrokerage.com.

A.W. Perry Welcomes Ned Davis Research to Their New Office Space at 77 Franklin Street, Boston, MA

Perry Brokerage, a full service commercial brokerage firm serving Boston and the South Shore is pleased to announce that Ned Davis Research (NDR), one of the largest independent institutional investment research providers in the market, has signed a lease for 5,500 square feet at 77 Franklin Street in Boston, MA, comprising the entire 9th floor.  Rich Beal and Jon Gifford of Perry Brokerage represented the landlord, A.W. Perry and Shawn McDonough and Derek Losi of Cresa Partners represented Ned Davis Research in the lease transaction.

“We are excited to be relocating our Boston office to 77 Franklin,” said Brian Frohn CFO of Ned Davis Research.  “A.W. Perry provided us with an opportunity to build out a full floor to our specifications and to expand our office footprint from our former location.  77 Franklin has historic appeal yet our office space is contemporary and will provide our team with an inspiring, bright and collaborative working environment.”

“We are pleased to welcome the team from Ned Davis Research to 77 Franklin Street, ” said Kerri Gallaway, Vice President and Property Manager of A.W. Perry.  “NDR’s enthusiastic team and their well-established reputation in the investment management industry make them a great addition to the building and to A.W. Perry’s tenant roster.”

77 Franklin Street, a 10-story office building is conveniently located in Boston’s Financial District and is steps away from Downtown Crossing, Post Office Square and South Station. The building features on-site management, a 24-hour lobby attendant, easy access to public transportation and numerous area amenities. The building is nearly at 100% occupancy, though a prime office lease opportunity of 1,554 square feet is available on the building’s 5th floor.  For more information please visit: www.perrybrokerage.com.

NDR SignageNDR Conference RoomNDR SeatingNDR CubesNDR Glass Meeting Room

NDR Hallway Signage

A.W. Perry Welcomes Local Flow Logistics to their New Office Space at South Shore Park Hingham, MA

5-Pond-Park-(Slide-1)-v2

5 Pond Park Road, Hingham, MA

Perry Brokerage, a full service commercial brokerage firm serving Boston and the South Shore is pleased to announce that Local Flow Logistics has signed a 2,000 sf lease at 5 Pond Park Road in Hingham, MA. The group is relocating to a larger footprint from their current 4 North Street office in Hingham. Perry Brokerage was happy to assist with their expansion needs as this new entity grows their presence in the South Shore market. Rich Beal and Jon Gifford of Perry Brokerage represented the landlord, A.W. Perry in the lease transaction.

Local Flow Logistics specializes in providing high touch, critical last mile services to local businesses and residents including receiving, storage, and white glove delivery. Founders Rob Speer and Pete Mahoney stated, “Our new headquarters at 5 Pond Park provides an ideal location to best meet our clients’ needs.”

“5 Pond Park Road is the perfect spot for Local Flow Logistics to execute their expanding business model. We are thrilled to have them complete our tenant roster at this property,” said June Cunniff, Vice President of A.W. Perry.

5 Pond Park is a 12,000 sf office/warehouse/R&D/flex space conveniently located off Route 3 Exit 15/ Derby Street in South Shore Park.  This lease brings 5 Pond Park to full occupancy. For more information about our South Shore leasing opportunities please visit: www.perrybrokerage.com.

Perry Brokerage Welcomes Tyler Hilson as Broker Associate

Perry Brokeragea full service commercial brokerage firm serving Boston and the South Shore is delighted to welcome aboard Tyler Hilson as Broker Associate. Joining the growing Perry Brokerage team, Tyler will focus on securing new and expanded business opportunities in Downtown Boston. He will be working directly with tenant and landlord clients, utilizing comprehensive strategies to assist with their leasing, relocation and subleasing requirements.

Most recently, Tyler worked with Jay Nuss Realty Group, LLC on the South Shore and primarily advised clients in the leasing of office, medical, and industrial space throughout Eastern, MA. Tyler studied at Clemson University and graduated with a B.S. in Financial Management.

“We are very pleased to welcome Tyler to our team. He has consistently demonstrated the energy, market knowledge and commitment to service that our clients have come to expect from the Perry Brokerage team. Tyler is a great addition to our expanding footprint in the greater Boston market” said Mike Edward, Executive Vice President of Perry Brokerage.

“All of us at Perry Brokerage are thrilled to have Tyler Hilson join our firm. We are confident he will be a key component of our expanding platform, and we look forward to his enthusiasm in servicing our growing client base,” said Rich Beal, President of Perry Brokerage.

For more information, visit www.perrybrokerage.com.