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News:
Owners Developers & Managers
Posted: May 25, 2018
The Stubblebine Co./CORFAC broker $6.975 million building sale
West Boylston, MA The Stubblebine Company/CORFAC International sold 180 Shrewsbury St., a class A 28’ clear high-bay industrial building, to 180 Shrewsbury Street LLC for $6.975 million.
David Stubblebine and James Stubblebine, principals of The Stubblebine Co., represented the seller, WRT Management, and the buyer, 180 Shrewsbury Street LLC.
The building is leased on a long-term basis to a notable distribution company. The asset is ensconced in an established industrial park close to I-190 and Rte. 290 and 10 miles from the Mass Pike.
James Stubblebine said, “The combination of the tenant’s credit, and the asset’s location and ceiling height underscores the fact that the investment entity that purchased the asset clearly made an astute decision.”
The Stubblebine Company/CORFAC International specializes in the sale and lease of large flex and industrial properties throughout New England.
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