03.13.24

Stubblebine Company Sells 307 Dorchester Avenue, Boston, MA to Alexandria for $43,000,000

Boston, MA – January 2024

On January 23, the 48,900 square-foot industrial showroom building on a 1.8-acre parcel of land located at 307 Dorchester Avenue in Boston, Massachusetts, a former FW Webb site, sold for $43,000,000. The property was not publicly marketed. The closing of the transaction coincides with F.W. Webb’s opening of a larger store and showroom at 58 Hampden Street, a 3.4-acre parcel in the Roxbury neighborhood of Boston which The Stubblebine Company also sold in a separate transaction recently for $25,000,000.

David Stubblebine, President, Co-Founder, and Principal of the Stubblebine Company, represented the Buyer in this transaction. The Seller was represented by David Skinner. Established in 1987, The Stubblebine Company/CORFAC International specializes in selling and leasing large industrial properties and adaptive reuse sites throughout New England.

OurFirm

The Stubblebine Company/ CORFAC International produces value for our clients by providing creative solutions and aggressive marketing in the greater Boston commercial real estate marketplace by putting the goals and objectives of our clients first and adhering to biblical principles.

We combine suburban Boston expertise in the industrial, flex and office property markets with direct senior management involvement with clients and properties to produce unparalleled results for clients locally, regionally, nationally and internationally through our affiliation with CORFAC International, a top five global network of entrepreneurial commercial real estate services firms.