Worcester, MA – August 2023
The Stubblebine Company/CORFAC International is pleased to announce the sale of 104 Gold Street, Worcester to Arris Partners for $7 Million. Located a half mile from I-290, less than 5 miles from I-90 and I-146, and less than 10 miles to I-295, the property is situated adjacent to Polar Park. Justin Hopkins, David Stubblebine and James Stubblebine of The Stubblebine Company/CORFAC International, represented the seller, Gold Street Realty, LLC, in the sale and directly procured the buyer, Arris Partners, LLC.
“The sale of this prominent industrial building in Worcester marks another significant milestone for our firm and underscores our expertise in the dynamic Worcester commercial real estate market” said Justin Hopkins, Senior Advisor at The Stubblebine Company. “We are proud to have facilitated this transaction, bringing together the perfect buyer and a property that embodies the essence of Worcester’s thriving industrial sector. This sale is a testament to our commitment to client satisfaction and our ability to achieve outstanding results in the competitive commercial real estate market.”
The city of Worcester, the second largest city in New England, has experienced substantial growth and development in recent years, emerging as a hub for various industries, including manufacturing, logistics, and distribution. Its strategic location, skilled workforce, and business-friendly environment make Worcester an attractive destination for companies looking to expand or establish a presence in the region.
The long-standing tenant at 104 Gold Street, Century Linen, is a renowned commercial laundry company that has proudly served the local community for over 100 years. Century Linen provides linen service to healthcare operations, linen service and uniform service to hospitality businesses (restaurants and hotels), and linen and uniform service to industrial customers all over New England.
Established in 1987, The Stubblebine Company/COFAC International specializes in selling and leasing large industrial investment properties and adaptive re-use sites throughout 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.
