PARAMOUNT DEVELOPMENT ASSOCIATES ANNOUNCES LAND SALE AT RAYNHAM WOODS.FRAMINGHAM, Mass.--(BUSINESS WIRE)--April 28, 1995--Paramount Development Associates, Inc., the Massachusetts subsidiary of Perini Land and Development Company, today announced the sale of 6.4 acres of land at Raynham Woods Commerce Center, Raynham, Massachusetts Raynham is a town in Bristol County, Massachusetts, United States. The population was 11,739 at the 2000 census. It has one village, Raynham Center. History The area which would become Raynham was settled in 1639 as a part of Taunton. to Amica Mutual Insurance Amica Mutual Insurance is a mutual insurance company founded in 1907 and located in Lincoln, Rhode Island offering primarily auto, home, and life insurance. The company is licensed in 49 US states with most business concentrated in the Northeastern United States, Florida, Texas, Company, Rhode Island Rhode Island, island, United States Rhode Island, island, 15 mi (24 km) long and 5 mi (8 km) wide, S R.I., at the entrance to Narragansett Bay. It is the largest island in the state, with steep cliffs and excellent beaches. . Amica plans to build a 35,000-square-foot, two-story office building. Construction is scheduled to begin this spring with completion for occupancy expected in November 1995. Carl Gauthier, Project Manager for Paramount, represented the seller. Peter Hayes Peter Hayes is the name of:
 “Providence” redirects here. For other uses, see Providence (disambiguation). Providence is the capital and the most populous city of the U.S. , was the broker in the transaction. Amica hired Peter Hayes to perform a site assessment and inventory of Southeastern, Massachusetts, for their new facility. After canvassing the area, Hayes and Sherry and Amica determined Raynham Woods was the only location meeting their criteria. Mr. Hayes stated, "Raynham Woods is the only location we could find that had the corporate park image Amica desired, along with covenants that protected the buyers investment". Richard Pearce, Senior Vice President & Secretary, and Robert Lake, Facilities Manager of Amica are responsible for the site selection process and construction of the new facility. Both Mr. Pearce and Mr. Lake stated, "Raynham Woods is a development that is aesthetically pleasing and the kind of park Amica is pleased to become a part of. In fact, Raynham Woods is very similar to our corporate headquarters in Lincoln, Rhode Island Lincoln is a town in Providence County, Rhode Island, United States. The population was 20,898 at the 2000 census. Lincoln is located in northeastern Rhode Island, and is north of Providence. ." Amica will join the fine family of owners and tenants in Raynham Woods, such as Johnson & Johnson Professionals, Inc.; GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Finance; Parent, McLaughlin & Nangle, CPA's; Morrison, Mahoney & Miller Attorneys; Arbella Insurance; TeleResponse Emergency Services emergency services Emergency care '…services …necessary to prevent death or serious impairment of health and, because of the danger to life or health, require the use of the most accessible hospital available and equipped to furnish those services' ; Zatec Inc.; Philips Medical North America; and Wal*Mart. Raynham Woods Commerce Center is a master planned 330-acre campus style park located at the hub of Southeastern Massachusetts' highway system (at the intersections of Route 24 and Route 44) and is the region's first class corporate park. Raynham Woods Commerce Center ranks among the largest parks in New England. It is planned to satisfy the real estate requirements of image-conscious growing companies like Amica Mutual Insurance Company. The park covenants are set up with high regard for environmental considerations and 80 acres have been set aside as wetlands conservation land to remain undeveloped. This distinctive company will be a significant addition to our compliment of business at Raynham Woods Commerce Center. CONTACT: Perini Corp. Kathleen Fyfe, 508/628-2402 |
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