Boston, MA – January 2024
On January 23, the 48,900 square foot industrial showroom building on a 1.8-acre parcel of land located at 307 Dorchester Avenue in Boston, Massachusetts, a former FW Webb site, sold for $43,000,000. The property was not publicly marketed. The closing of the transaction coincides with F.W. Webb’s opening of a larger store and showroom at 58 Hampden Street, a 3.4 acre parcel in the Roxbury neighborhood of Boston which The Stubblebine Company also sold in a separate transaction recently for $25,000,000.
David Stubblebine, President, Co-Founder, and Principal of the Stubblebine Company, represented the Buyer in this transaction. The Seller was represented by David Skinner. Established in 1987, The Stubblebine Company/CORFAC International specializes in selling and leasing large industrial properties and adaptive re-use sites throughout New England.