The Stubblebine Company brokers 130,000 s/f lease at 100 Simplex Dr.
The Stubblebine Co. brokered the long-term lease of 130,000 s/f at 100 Simplex Dr., a modern 685,000 s/f industrial building located at the intersection of Rte. 2 and Rte. 140. David Stubblebine, James Stubblebine, and Al Ringuette represented both the property owner, National Industrial Portfolio Borrower, and procured the tenant, Interstate Container.
Originally built for Digital, the former Simplex headquarters is the premier industrial building west of Devens. Set on 90 acres, the property offers frontage on and visibility to Rte 2.
Interstate Container manufactures a broad range of products. The firm is relocating from a three story mill building in Fitchburg and is confident that the 100 Simplex space will allow it to significantly expand operations.
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.
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
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.
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,