News: Front Section

Skinner of The Stubblebine Company/CORFAC International brokers $4.7 million sale to City Fresh Foods

Boston, MA David Skinner, senior advisor and associate broker at The Stubblebine Company/CORFAC International, represented the buyer, City Fresh Foods in the off-market transaction at 94 Shirley St. The seller, 94 Shirley Street Bos LLC subdivided the 28,000 s/f building which is situated on 1.27 acres to sell an 18,000 s/f condominium to the buyer for $4.7 million.

City Fresh Foods is a community-driven, Black-and-employee-owned food service business focused on food justice and equity in a city that has needed much reform in this area. City Fresh has been a pioneer in the food service industry for the last 27 years constantly evolving as a business while solving issues surrounding food equality and insecurity. City Fresh Foods was recently awarded the largest non-construction contract in the history of the Commonwealth to service the Boston Public Schools.

Sheldon Lloyd, co-founder, CEO, and shareholder has been featured in the Boston Business Journal, and many of the major news networks because of the impact that City Fresh Foods has had on the Greater Boston community.

Established in 1987, The Stubblebine Company/CORFAC International specializes in selling and leasing large industrial property and adaptive re-use sites throughout the Northeast.

 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Quick Hits
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary