Sale Transactions

 

Billerica - 159 Rangeway Road
Total Space: 88,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $4,500,000 | Price s.f.: $51.13 | Property is on 7 acres of industrial land | 2,000 amps of power | 14 loading docks | 22’ clear height | Built in 1988 by Howland Development | 10,000 sq. ft. +/- of office space. The Stubblebine Company represented the Buyer in this transaction.

Billerica - 31 Dunham Road
Total Space: 60,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $3,350,000 | Price s.f.: $55.83 | Property is on 15.4 acres | Potential expansion 20,000 and 40,000 s.f. | 180 parking spaces | Located just off the Middlesex turnpike on the Burlington, Bedford, Billerica line. The Stubblebine Company represented the Buyer in this transaction.

Billerica - 755 Middlesex Turnpike
Total Space: 41,229 s.f. (+/-)Transaction Type: Sale
Property Type: Office

Comments: Price: $2,066,500 | Price s.f.: $50.12 | Built 1979 | Fully renovated 1995 | Located near the 99 Restaurant in Billerica. The Stubblebine Company represented the Seller in this transaction.

Burlington - 15 Adams Street
Total Space: 41,700 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: | Formerly occupied by Eastern Refractories | Situated on 6.55 acres zoned industrial land | Potential for R&D or office conversion | 8,000 s.f. of first-class office | A/C in office | Three (3) tailboard docks, one drive-in door | Located 1/2 mile from the junction of I-95 and The Middlesex Turnpike. The Stubblebine Company represented the Seller in this transaction.

Burlington - 78 Blanchard Road
Total Space: 52,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $5,700,000 | Price s.f.: $110.00 | Property is on 4 acres | Fully air-conditioned space | First floor is mostly R&D and second floor mezzanine office | Tailboard loading docks. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Chelmsford - 20 Industrial Drive
Total Space: 119,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: | Situated on 11.9 acres | 17,000 s.f. mezzanine | Built in 1976 | 7 loading docks; 1 drive-in. The Stubblebine Company represented the Buyer in this transaction.

Clinton - 111 Adams Street
Total Space: 458,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Built in 1969 for Colonial Press, this one story high bay distribution and manufacturing building features: | 22’-28’ clear ceiling height | Fifty-three (53) tailboard loading docks | 69 acres of land. The Stubblebine Company represented the Seller and procured the Buyer in this transaction.

Concord - 100 Domino Drive
Total Space: 34,800 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: | Built 1989 | Situated on 6.56 Acres | Land Area SF: 285,754. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

CONSTAR - TX, NC, PA, NH
Total Space: 489,020 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: 489,020 sq. ft. | $8,800,000 | $18.00 per s.f. The Stubblebine Company represented the Buyer in this transaction.

Plainfied, CT - 85 Moosup
Total Space: 549,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: At the time of the sale, Staples Inc. occupied 255,935 s.f. until 6/1/2007 and 160,000 s.f. on a tenant at will basis. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Devens - 53 Jackson Road
Total Space: 50,000 (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: | Built in 2001 | Situated on 7.19 acres +/- | 24’ clear under the bar joist | 6’ x 8’ loading docks, one (1) drive-in door | 7,500 s.f. +/- office space | 8,000 s.f. mezzanine space (not included in the 50,000 s.f.) | Expansion: Additional 20,000 s.f. to right of building. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Fitchburg - 20 Authority Drive
Total Space: 50,200 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: | Prime industrial space | 4.41 acres of land | Office area: 12,500 s.f. on two floors | 24’ clear ceilings | Shipping docks: 6 Tailgate, 2 Drive-in | Building expandable to 20,000 +/- s.f. | Public Utilities | Wet sprinkler system | Visible from Route 2 at Route 31 exit. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Fitchburg - 307 Airport Road
Total Space: 85,808 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: | Single story property built in 1964 | 14’0” clear height | A new roof was installed in 1997. The Stubblebine Company represented the Seller and the Buyer in this transaction.

Gardner - 77 Industrial Rowe
Total Space: 52,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: | Single Story | 18’ clear ceiling height | Built in 1970 | 3 loading docks. The Stubblebine Company represented both the Seller and the Buyer in this transaction.

Lawrence - 137 Marston Street
Total Space: 50,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: | Outstanding visibility from Route 495, expansion capacity 40,000 | 20,000 s.f. of office and 30,000 s.f. 20’ clear ceiling height. The Stubblebine Company represented the Seller in this transaction.

Leominster - 7 New Lancaster Road
Total Space: 102,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $3,000,000 | Age: 1984| 19.4 acres of land| Office area: 4,800 s.f. | Height Clearance: 18’-20’| Shipping Docks: 7 Tailgate, 1 Overhead | Former dry foods packaging plant | The property abuts 25 Tucker Dr., Leominster. The Stubblebine Company represented the Buyer in this transaction.

Leominster - 248 Industrial
Total Space: 156,876 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $3,700,000 | Masonite formerly located in Acton, leased the building for 10 years | Property had a rail spur serviced by B&M (Guildoford Rail) | Property is improved by 5,000 s.f. of new office space & the balance is 18’ clear industrial space. The Stubblebine Company represented the Seller in this transaction.

Lowell - 50 Stedman Street
Total Space: 50,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $1,500,000 | 5,000 s.f. of office space | 100% air conditioned | Situated on 5 acres. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Lowell - 1703 Middlesex Street
Total Space: 44,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Manufacturing Building on 3.5 acres | Fully air-conditioned space. The Stubblebine Company represented the Seller in this transaction.

Marlboro - 243 Ames Street
Total Space: 64,551 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Sale Price: $3,700,000 | 35’ ceiling height | Built in 1969 | Located only two (2) miles from Route 495. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Methuen - 49 Danton Drive
Total Space: 38,891 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $1,540,000 | Two buildings on nine acres. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Nashua, NH - 8 Cotton Road
Total Space: 183,865 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $5,500,000 | 17.2 acres of industrial zoned land | 18’ clear, 508 parking spaces, and eight (8) loading docks. The Stubblebine Company represented the Buyer in this transaction.

Nashua, NH - 34 Cellu Drive
Total Space: 148,100 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Sale Price: $4,900,000 | Price per s.f.: $33.08 | Built in 1980, Renovated 1996 | Masonry and metal panels | Rubber membrane roof | Gas-fired FHA with central air in office | Site has parking for 213 cars. The Stubblebine Company represented the Buyer in this transaction.

Salem, NH - 9 Northeastern Blvd.
Total Space: 674,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $29,100,000 | Price per s.f.: $43.17 | Property is on 110 acres of land & can accommodate another two (2) 110,000 s.f. buildings | 674,000 s.f. is on one floor & consists of appoximately 30,000 s.f. of office; 470,000 s.f. of R&D space with 20’ clear (air-conditioned); & the balance hi-bay (34’ clear) warehouse space | The property was bought vacant by a developer & has procured Cisco Systems who will rehab the property. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Penn Traffic Portfolio
Total Space: 1,741,784 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Size: 1,741,784 sq. ft. | Price: $37,000,000 | Five (5) distribution centers | Purchase included 273,000 s.f. of refrigerated warehouse located in Syracuse, NY. The Stubblebine Company represented the Buyer in this transaction.

Tyngsboro - 65 Middlesex Road
Total Space: 103,200 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: 103,200 s.f. | Building on 17.7 acres | The property has 8,000 s.f. of office space on the mezzanine and the footprint is approximately 93,000 s.f. | The property was originally purchased with a short-term leaseback. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

W. Bridgewater - 400 Manley Street
Total Space: 216,400 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $7,950,000 | Warehouse built in 1986 and occupied by Cape Cod Cricket Lines. | The investors bought the facility with Jordan’s Furniture giving them a lease for $4.50/sf n3. | Property has 26’-29’ clear ceiling height and 17 loading docks. The Stubblebine Company represented the Buyer in this transaction.

Wilmington - 201 Lowell Street
Total Space: 103,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: | Expansion available on the site | Former Textron Defense building | Route 129 exit off I-93. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Wilmington - 235 Andover Street
Total Space: 92,850 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Price: $5,350,000 | Property is on 13.4 acres | Rear Building: 64,500 s.f., built in 1988: expandable to 130,000 s.f.: 22’ clear height: 9,000 s.f. +/- of office space | Front Building: 28,080 s.f., built in 1969: 6,000 s.f. +/- of office space. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Wilmington - 255 Andover Street
Total Space: 88,390 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Sale Price: $5,300,000 | 24’ ceiling height | Fifteen (15) tailboard docks. The Stubblebine Company represented the Seller and directly procured the Buyer in this transaction.

Worcester - 10 New Bond Street
Total Space: 500,000 s.f. (+/-)Transaction Type: Sale
Property Type: Industrial

Comments: Property is on 33 acres of industrial land | Site was acquired with contamination on site and without an indemnity from the Seller | Subsequent to the sale, the property was quickly leased in its entirety.

Winchester - 1021 Main Street
Total Space: 28,600 s.f. (+/-)Transaction Type: Sale
Property Type: Office

Comments: Price: $3,800,000 | Price s.f.: $132.86 | Property is on 1.8 acres | Located just one (1) mile from the intersection of Rouites 93 and 128. The Stubblebine Company represented the Buyer in this transaction.