A.W. Perry, Novaya Actual Property Purchase 250,000 SF Industrial Facility in Metro Boston

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The former Garelick Farms facility in Lynn, Massachusetts is located on 250,000 square feet of industrial space and an adjoining 10 acre property.

LYNN, MASS. – A partnership between Boston-based investment firm AW Perry and Novaya Real Estate Ventures has acquired a 250,000 square meter industrial facility in the northern Boston suburb of Lynn. The sale included an adjoining 10 acre property, an estate that used to be a production facility for milk producer Garelick Farms. The facility is now called Lynnway Park and houses 60,000 square feet of cold storage. It can also support light industrial and bio-production applications. Cushman & Wakefield represented the seller Dean Foods and procured the buyer on the transaction.