The Stubblebine Company/CORFAC International and Cushman & Wakefield sold 120 Stedman St., a 128,678-square-foot single-story industrial building in Lowell, MA, for $22,100,000. David, James, and Micah Stubblebine, principals of The Stubblebine Company, represented the seller, DS Graphics | Universal Wilde. Blake Baldwin and Liz Swanson of Cushman & Wakefield represented the buyer, Finishing Trades Institute of NE (FTI-NE).
120 Stedman St. is a flex/industrial building located 1.4 miles from Route 3, two miles from I-495 and 30 miles from Boston. As a result of the sale, DS Graphics has relocated its print, mail, fulfillment, creative services, digital marketing services and customer support operations to a larger facility in Canton, MA.
FTI-NE is a training center dedicated to developing skilled professionals in the finishing trades, including painting, glazing and drywall finishing. It fosters workforce excellence and safety through comprehensive apprenticeship and continuing education programs for the construction industry, according to The Stubblebine Company.
The post Lowell Industrial Sells to Finishing Trades Institute for $22M appeared first on Connect CRE.
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