The Stubblebine Company finalizes 56,000 s/f lease to Compass Packaging

June 07, 2019 - Front Section
David Stubblebine

 

James Stubblebine

 

Ellen Garthoff

 

Billerica, MA David and James Stubblebine, principals of The Stubblebine Co., and Ellen Garthoff, senior advisor, leased 56,000 s/f to Compass Packaging at 159 Rangeway Rd. The Stubblebine Co. represented the landlord, Lynnway Rangeway LLC, and the tenant, Compass Packaging Solutions. 

159 Rangeway Road - Billerica, MA

159 Rangeway Rd., an 87,200 s/f, 22’ clear warehouse building built in the late 1980s by Howland Development, is a first class warehouse distribution building. 

In a separate transaction, The Stubblebine Co. sold the subject building in late 2016 to Lynnway Rangeway for $7.3 million.

Compass Packaging is a single-source solution packaging company. Compass Packaging provides warehousing, distribution, fulfillment and complete kitting services, they handle the packaging and tracking of all their complex components.

Comments

Add Comment


More from the New England Real Estate Journal