Leominster, MA David Stubblebine and James Stubblebine, principals of The Stubblebine Company/CORFAC International, coordinated the sale of 101-107 Scott Dr. between HK Shah LLC & RNP Shah LLC, the seller, and New England Wire Products, the buyer. The sale price was $12.4 million.
Built in 1970, the property is a 179,141 s/f industrial building on 18.39 acres and located at the intersection of Rtes. 2 and 190.
NE Wire Products is a leading full-service provider of POP retail display merchandising solutions that help leading retailers and CPG companies maximize point-of-sale impact and convert shoppers into buyers.
Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and