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News: Front Section
Posted: January 28, 2009
The Stubblebine Company/CORFAC Int'l. broker $5.5m sale of 183,000 s/f ind. building
The Stubblebine Company/CORFAC International and Cushman & Wakefield have sold an 183,865 s/f industrial space on 17.2 acres of industrial zoned land at 8 Cotton Road, for $5.5 million.
James and David Stubblebine of The Stubblebine Co. represented Hudson RPM, the purchaser.
Strategically located less than one mile from Rte. 3 (The Everett Turnpike) and Rte. 101A on the Mass. and southern N.H. border, 8 Cotton Rd. is a first class office and warehouse space. Originally built for Indian Head Millwork in 1971 and later purchased by Digital Equipment Corp. in 1978, the building has been owned and operated by Hewlett Packard since 2002. The building has 18' clear height, 508 parking spaces, and eight (8) loading docks.
Cushman & Wakefield represented the seller, Hewlett Packard Inc.
According to James Stubblebine, "After an extensive search through-out Massachusetts and New Hampshire, Hudson-RPM Inc. chose the Hewlett Packard Inc. site because of its outstanding access to all of New England, its large lot size and the quality of the construction. The buyer will use the site to expand their national wholesale magazine distribution business."
The Stubblebine Company/CORFAC International specializes in the lease and sale of large industrial/commercial properties throughout New England.
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