10.03.22

The Stubblebine Company/Corfac International Arranges The Sale Of 144-146 Main Street, Plaistow, Nh, a 177,170 Sf Industrial Building On 36 Acres For $20,838,000

A 177,170 Sf Industrial Building On 36 Acres For $20,838,000

The Stubblebine Company/Corfac International Arranges The Sale Of 144-146 Main Street, Plaistow, Nh,

A 177,170 Sf Industrial Building On 36 Acres For $20,838,000

The Stubblebine Company/Corfac International Arranges The Sale Of 144-146 Main Street, Plaistow, Nh

PLAISTOW, NH – Albany Road Real Estate Fund III, LLC has acquired 144 Main Street, Plaistow, a fully leases 177,170 SF industrial building situated on 36 acres from Metcon Realty, LLC. James Stubblebine and David Stubblebine, Principals of The Stubblebine Company and Ellen Garthoff, Senior Advisor, represented the Seller, Metcon Realty LLC, and directly procured the Buyer, Albany Road Real Estate Fund III, LLC.

144 Main Street, Plaistow, a 177,170 SF building situated on 36 acres, has proximity to the Massachusetts border, Route 495, and Route 125. This outstanding facility boasts heavy power, 40’ clear height, and multiple cranes. The building is fully leased to multiple industrial companies.

144 Main Street, Plaistow formerly occupied by Chart Environmental and most recently Methuen Construction boasts heavy power, 40’ clear height in the majority of the building, and multiple cranes. The building is fully leased to multiple industrial companies.

Founded in 2012, Albany Road is an opportunistic private equity real estate firm headquartered in Boston with other locations in Nashville, Dallas, and Denver. Albany Road invests within middle-market, commercial real estate, and utilize their “can-do,” entrepreneurial spirit to capitalize on such opportunities through disciplined operations.
According to David Stubblebine, Albany Road made an astute decision to buy a high-caliber, class A multi-tenant industrial asset.

Established in 1987, The Stubblebine Company/CORFAC International specializes in selling and leasing large industrial and investment properties and adaptive re-use sites throughout New England.

See this presentation by Jeff Henderson from our most recent Business Development Presentation.