CORFAC News

Boston, MA (February 21, 2013) - The Stubblebine Company/CORFAC International is pleased to announce that it has recently brokered the $1,275,000 sale of 2- 8 DeAngelo Drive, Bedford, MA to State Electric Corporation, the buyer, for Bill Callahan, the seller.  The property is strategically located in close proximity to the intersection of Route 3 and I-95. The building is an attractively landscaped, first class single story industrial building with office space on a 2.65 acre industrial site.

State Electric Corporation is a leading electric services company and will use the property for the expansion of their business.  James, David and Micah Stubblebine and Ellen Garthoff represented the seller and directly procured the Buyer in this transaction.

According to James Stubblebine, “After an extensive search, State Electric chose this property because of its close proximity to their customers and employees, it’s large lot, and its ability to accommodate their rapid expansion.”
 
The Stubblebine Company/CORFAC International specializes in the lease and sale of large industrial and flex properties throughout New England.

About CORFAC International
CORFAC International (Corporate Facility Advisors) is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services.  In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averaged over 8,500 completed transactions annually totaling more than 600 million square feet worth an excess of $5.2 billion for their customers. For more information on the CORFAC network, contact 703.532.6160 or visit www.corfac.com.