News: Front Section

The Stubblebine Co. completes $7 million sale of 104 Gold St. in Worcester, MA to Arris Partners

Worcester, MA The Stubblebine Company/CORFAC International has completed the sale of 104 Gold St. to Arris Partners for $7 million. Located a half mile from I-290, less than five miles from I-90 and I-146, and less than 10 miles to I-295, the property is situated adjacent to Polar Park. Justin Hopkins, David Stubblebine and James Stubblebine of The Stubblebine Co. represented the seller, Gold Street Realty, LLC, in the sale and directly procured the buyer, Arris Partners, LLC.

“The sale of this prominent industrial building in Worcester marks another significant milestone for our firm and underscores our expertise in the dynamic Worcester commercial real estate market” said Hopkins, senior advisor at The Stubblebine Co. “We are proud to have facilitated this transaction, bringing together the perfect buyer and a property that embodies the essence of Worcester’s thriving industrial sector. This sale is a testament to our commitment to client satisfaction and our ability to achieve outstanding results in the competitive commercial real estate market.”

The long-standing tenant at 104 Gold St., Century Linen, is a commercial laundry company that has proudly served the local community for over 100 years. 

Century Linen provides linen service to healthcare operations, linen service and uniform service to hospitality businesses (restaurants and hotels), and linen and uniform service to industrial customers all over New England.

MORE FROM Front Section
Front Section

McEvoy of The Conrad Group brokers $2.9 million sale of industrial building

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.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
It’s time to get creative with closed college campuses - by Christian Koulichkov

It’s time to get creative with closed college campuses - by Christian Koulichkov

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
5 Questions to ask when  choosing a real estate broker - by Elizabeth Perez Barlett

5 Questions to ask when choosing a real estate broker - by Elizabeth Perez Barlett

>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.
The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

The doctor is in: How medical leases differ from retail and office spaces - by Brian Cafferty

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.
Newmark negotiates sale of  10 Liberty Sq. and 12 Post Office Sq.

Newmark negotiates sale of 10 Liberty Sq. and 12 Post Office Sq.

Boston, MA Newmark has completed the sale of 10 Liberty Sq. and 12 Post Office Sq. Newmark co-head of U.S. Capital Markets Robert Griffin and Boston Capital Markets executive vice chairman Edward Maher, vice chairman Matthew Pullen, executive managing director James Tribble,