Dracut, MA – August 2024
The Stubblebine Company/CORFAC International is pleased to announce the successful sale of 49 McGrath Road in Dracut, MA, for $12 million. Conveniently located just off Route 113 and 20 miles north of Boston, this property includes a 27,380 SF truck terminal and a 5,750 SF repair garage on 12.06 acres. Matty Drouillard and James Stubblebine of The Stubblebine Company/CORFAC International represented the buyer, Alterra Property Group, LLC, in this transaction.
Matty Drouillard commented, “Working with Alterra is always a pleasure. Their professionalism, clear communication, and persistence set them apart as an outstanding partner. This site boasts exceptional connectivity to key transportation routes, making it a prime asset for traditional freight, logistics and trucking operations. The extensive land area allows for considerable flexibility, accommodating future expansion, development, and outdoor storage needs for prospective tenants. This versatility solidifies its importance as a pivotal hub within the region.”
Founded in 1987, The Stubblebine Company/CORFAC International specializes in the sale and leasing of large industrial investment properties and adaptive re-use sites across New England.
The Stubblebine Company/ CORFAC International produces value for our clients by providing creative solutions and aggressive marketing in the greater Boston commercial real estate marketplace by putting the goals and objectives of our clients first and adhering to biblical principles.
We combine suburban Boston expertise in the industrial, flex and office property markets with direct senior management involvement with clients and properties to produce unparalleled results for clients locally, regionally, nationally and internationally through our affiliation with CORFAC International, a top five global network of entrepreneurial commercial real estate services firms.
