Stubblebine Co./CORFAC Brokers $7M Sale of Lawrence Industrial Property
The Stubblebine Co./CORFAC International has arranged the $6.5 million sale of 21 Glenn St., a 93,580-square-foot industrial facility in Lawrence, MASS.
The property is situated on more than five acres of industrial-zoned land. The buyer, John Hernandez of JVJ Solutions, plans to occupy around 60,000 square feet of the property with the balance being long-term leased to an undisclosed tenant. The Stubblebine Co. represented the buyer in the transaction.
“It was a pleasure working with the John Hernandez and the JVJ team and to successfully assist them to secure a quality, well-priced and well-located industrial park,” said James Stubblebine. “I look forward to seeing a continued growth of this spectacular company.”
David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector.
Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA.
David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.