Stubblebine brokers $2.1 million sale to Inscribe, Inc. from Wetmore, Inc.
The Stubblebine Company/CORFAC International has recently brokered the $2.1 million sale of 9 Micro Dr. to InScribe, Inc., the buyer, for Wetmore Inc., the seller. The building is a landscaped 28,970 s/f first class single story industrial building with office space on 2.54 acres.
David Stubblebine, James Stubblebine, and Micah Stubblebine represented both the buyer and the seller in this transaction.
In addition Stanley Works has renewed their 39,000 s/f lease for three years at the industrial warehouse space at 335 Willow St., North Andover from Eastcon Realty LLC. The 39,000 s/f first class industrial building is situated on 3.56 acres. James Stubblebine and Micah Stubblebine represented both the tenant and the landlord in this transaction.
Hingham, MA The Conrad Group has brokered the sale of 55 Research Rd., South Shore Park. The property consists of a 20,340 s/f single story manufacturing building on two acres of land.
>They say, “April showers bring May flowers,” but this season may bring more movement in the housing market as springtime is one of the most popular times for home buying and selling. Although spring is one of the strongest seasons for the residential market, it may not be all rosebuds and butterflies if you don’t have the right advisors.
As healthcare facilities, often referred to as “Doc in a Box” clinics, increasingly move into traditional retail spaces, landlords are more frequently leasing to medical tenants. Unlike standard retail or office leases, medical facilities come with a unique set of considerations that must be carefully addressed to ensure a successful tenancy.
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.
Facing higher costs, shrinking enrollments, reduced state funding and severe demographic headwinds, many colleges and universities in New England and the Northeast are fighting for survival. The latest to lose the battle is the 150 + year old University of the Arts in