Robert A. Perry Of A.W. Perry Acquires 128 Acre Development Site In Kingston For $3.4M

The development site located at 67 Parting Ways Road in Kingston, MA, encompasses 128 acres and has a sale price of $3,400,000. The asset features a total square footage of 123,000, translating to a price per square foot of $28, and a price per acre of approximately $26,563.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,400,000
• Buyer: Robert A. Perry
• Buyer’s Representative: A.W. Perry
• Seller: Sisters of Divine Providence
• Market: Kingston, MA
• Acres: 128
• Square Feet: 123,000
• Price per Square Foot: $28
• Price per Acre: $26,563

A.W. Perry acquired the site through an auction, which included the former Sacred Heart High School and surrounding land. Plans for redevelopment may involve a cluster-style layout, even though the site is currently subject to single-family zoning restrictions.