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


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.