The Stubblebine Company completes $1.15 million sale of 2 Fox Road
The Stubblebine Company/CORFAC International and Garibaldi Group sold 2 Fox Rd., a 16,800 s/f industrial service and repair building to John McCarthy of NRT Bus for $1.15 million.
David Stubblebine and James Stubblebine, principals of The Stubblebine Company, represented the seller, DRS Power Technologies and Joe Aho of O'Brien Commercial Properties represented the buyer.
The industrial well-maintained single story block built with insulated metal panel construction in 1994. It has 4,000 s/f of office and support area, heavy power and several large drive-in doors.
According to John McCarthy, he chose the property so that he could handle the several metro-west school bus contracts. He has 11 locations throughout the commonwealth.
The Stubblebine Co. specializes in the lease and sale of large industrial/commercial properties throughout New England.
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 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!
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 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