News: Owners Developers & Managers

The Stubblebine Company signs Hood Industries to 74,240 s/f lease

Hood Industries, Inc., a national lumber related company, leased 74,240 s/f at 91 Fitchburg Rd., formerly occupied by PolyOne, for 10 years. David, James, and Micah Stubblebine principals of The Stubblebine Company and Alan Ringuette represented Hood Industries and the landlord, GFI Partners. Hood Industries is a leading distributor of hardwood and employs over 1,100 people providing their customers with the best combination of quality products and services, and creating an enduring relationship based on value. The hi-bay facility is ideal for warehouse and distribution and has easy access to Rte. 2 and I-495. Situated on over 9 acres of industrial zoned land, 8 loading docks and 1 over-sized drive-in door. According to David Stubblebine, "We conducted an exhaustive search over a 5 year period. 91 Fitchburg Rd. will undoubtedly serve as an outstanding New England headquarters for Hood Industries as the building has several features that are extremely important to Hood Industries' operations including a double rail spur and 24' - 32' clear height."
MORE FROM Owners Developers & Managers

WinnCompanies acquires 290-unit housing property - begins $41.5 million rehabilitation

Chicopee, MA WinnCompanies has acquired a 290-unit affordable housing property in western Massachusetts in a deal that renews the community’s expiring affordability protections and kicks off a $41.5 million rehabilitation to address significant deferred maintenance.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant
The legislature has spoken:  New Hampshire doubles down on housing in commercial zones - by John Sokul

The legislature has spoken: New Hampshire doubles down on housing in commercial zones - by John Sokul

Last year, the New Hampshire Legislature enacted HB 631, a landmark housing measure requiring municipalities to permit multifamily housing in commercially zoned districts. The law generated
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

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