T
he Stubblebine Company/CORFAC International recently sold 100 & 200 Corporate Place and 1R Newbury St. in Peabody, MA. The properties include a 47,749 SF flex building with 14' clear height and a 46,294 SF 5-story office building. James and David Stubblebine, Principals of the company, represented the seller in this transaction.
Located at the I/95 and Route 1 Interchange, the portfolio offers prominent exposure to I-95 and Route 128. The properties are 98% leased and feature a multi-tenant office space.
The buyer, Christian Assembly, Inc., is a community of faith focused on leading people to Jesus Christ through evangelism and discipleship. Their mission is to make Jesus known through worship, fellowship, and outreach.
Ebenezer Tax & Services Inc., the previous owner, offers tax preparation services in Waltham, MA, along with real estate, business startup, and insurance services. Their vision is to support entrepreneurs across the United States by helping them achieve their goals.
