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Owners Developers & Managers
Posted: August 23, 2024
The Stubblebine Company brokers $6.9 million industrial building sale to Milton CAT
Woburn, MA The Stubblebine Company/CORFAC International sold 210 New Boston St., a 24,000 s/f single-story industrial building on 2.1 parcel acres for $6.9 million. James Stubblebine and David Stubblebine, principals, and Aaron Smith, advisor, of The Stubblebine Company represented the seller and directly procured the buyer, Milton CAT.
210 New Boston St. is an exceptionally well-located flex/industrial building located 0.1 mi from the nearest train station and 15.9 mi from the Boston Logan Airport.
Milton CAT is a Caterpillar Dealer for the Northeast region of the United States. Their territory includes Mass., R.I., Maine, N.H., Vermont, and upstate New York. Milton Rents will open another full-service equipment rental location serving the north shore.
Reflecting on the sale, James Stubblebine said, “It was a pleasure working with Brad Farrin and the entire Milton Rent construction and real estate team. They were responsive, honest and professional. This sale price is testament to the strength of the Woburn, Mass. industrial real estate market.”
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