News: Owners Developers & Managers

James and David Stubblebine of The Stubblebine Co. brokers $2.82 million sale of 27.5 acres

Billerica, MA David Stubblebine and James Stubblebine sold a total of 27.5 acres to Schmidt Equipment, Inc. and W.L. French Excavating Corp. (WLF) for $2.82 million. David and James Stubblebine, principals of The Stubblebine Co. represented the seller, Mat Beck, Andrew Barrett, Peter Barrett and Maria Rodirgues and the buyers in both transactions.

Aerial of Sterling Road - Billerica, MA

Schmidt Equipment is a John Deere and Hitachi Construction Equipment dealer for Massachusetts and Rhode Island. They have five store locations offering parts, sales, rentals and service.

WLF is a privately-owned family business that provides a range of construction services including mass excavation, site remediation, heavy utility construction & installation, soil & waste management and snow services for clients throughout the New England region.  WLF’s 40 years of construction experience is bolstered by its team of 150 construction professionals and a fleet of over 200 pieces of heavy equipment.  In 2015, WLF’s annual revenues exceeded  $65 million.

The Stubblebine Co./CORFAC International specializes in the lease and sale of large industrial/commercial properties throughout New England.

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