Lowell, MA – May 2025
The Stubblebine Company/CORFAC International and Cushman & Wakefield sold 120 Stedman St., Lowell, MA, a 128,678 SF single-story industrial building on 5.97 acres, for $22,100,000. David, James, and Micah Stubblebine, Principals of The Stubblebine Company, represented the Seller, and Blake Baldwin and Liz Swanson of Cushman & Wakefield represented the Buyer, Finishing Trades Institute of NE, in the transaction.
120 Stedman St. is an exceptionally well-located, fully air conditioned, Flex/Industrial building located 1.4 mi from Route 3, 2 mi from I-495, and 30 mi from Boston.
The Finishing Trades Institute of the Northeast (FTI-NE) is a premier training center dedicated to developing skilled professionals in the finishing trades, including painting, glazing, and drywall finishing. FTI-NE provides state-of-the-art instruction, fostering workforce excellence and safety through comprehensive apprenticeship and continuing education programs for the construction industry.
The previous owner, DS Graphics | Universal Wilde, is a full-service marketing and customer communications company that specializes in reducing costs and improving results for leading brands. As a result of the sale, DS Graphics | Universal Wilde has relocated its print, mail, fulfillment, creative services, digital marketing services, and customer support operations to a larger facility in Canton, MA.
Founded in 1987, The Stubblebine Company/CORFAC International specializes in selling and leasing large industrial buildings and adaptive re-use sites across New England.
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.
