The Stubblebine Company/CORFAC International Arranges a 56,000 SF Lease with Compass Packaging at 159 Rangeway Road, Billerica

11/20/18

Mr. David and James Stubblebine, Principals of The Stubblebine Company, and Ellen Garthoff, Senior Advisor, leased 56,000 SF to Compass Packaging at 159 Rangeway Road, Billerica. The Stubblebine Company represented both the Landlord, Lynnway Rangeway LLC, and the Tenant, Compass Packaging Solutions, in the transaction. 159 Rangeway Road, Billerica, an 87,200 SF 22’ clear warehouse building built in the late 1980s by Howland Development, is a first class distribution building. In a separate transaction, The Stubblebine Company sold the subject building in late 2016 to Lynnway Rangeway LLC for $7,300,000.

Compass Packaging Solution is a single-source solution packaging company. With over 40,000 square feet in their Massachusetts facilities, Compass Packaging Solutions provides warehousing, distribution, fulfillment and complete kitting services, they handle the packaging and tracking of all their complex components.

Established in 1987, The Stubblebine Company/CORFAC International specializes in selling and leasing large industrial and flex properties and adaptive re-use sites in the Greater Boston area.

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