David, James and Micah Stubblebine, Principals of The Stubblebine Company, and Ellen Garthoff, Senior Advisor at The Stubblebine Company, represented BirchPoint LLC and Lizwob Realty LLC in the $7.4 million transaction, while Jonathan Aron, Vice President Investment Sales of KeyPoint Partners, LLC, represented the seller. The building was previously occupied by Pella Windows & Doors.
Centrally located close to multiple major highways and downtown Haverhill, MA, this 61,000-sf fully leased industrial building on 6 acres is suitable for both manufacturing and warehouse purposes with a 24’ clear height and substantial loading capacity. The building is fully leased to Boston Window & Door LLC.
The building was purchased as part of a 1031 exchange. In a separate, but related transaction, The Stubblebine Company sold 180 New Boston Street, Woburn for $10.4 million to a Boston-based investment company. The selling entity exchanged into 74 Fondi Road.
Established in 1987, The Stubblebine Company/CORFAC International specializes in selling and leasing large industrial properties and adaptive re-use sites throughout New England.