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United Plastics Corp. Acquires Warehouse In Leominster, MA For $4.2M

75 Jytek Park
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This Industrial property located in MA was sold for $4,200,000 over 3 years ago. The brokers of the deal were James Stubblebine and David Stubblebine

A warehouse located at 75 Jytek Park in Leominster, MA was recently sold. The property, owned by Jytek Industrial Trust, was purchased by United Plastics Corp. The transaction was facilitated by brokers David Stubblebine and James Stubblebine from The Stubblebine Co.

Summary of transation details

  • Property Type: Warehouse
  • Transaction Amount: $4,200,000
  • Square Footage: 128,592
  • Price per Square Foot: $33
  • Market: Leominster, MA

The deal, which closed on November 18, 2020, involved the sale of the warehouse. The property spans over 128,592 square feet and was sold for a total amount of $4,200,000, resulting in a price per square foot of $33. David Stubblebine and James Stubblebine, representing The Stubblebine Co, acted as the brokers in this transaction, facilitating the sale between the seller, Jytek Industrial Trust, and the buyer, United Plastics Corp.

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Deals
  • Location
    75 Jytek Drive, Leominster, MA, USA75 Jytek Drive, Leominster, MA, USA
  • Sale Price
    $4,200,000$4,200,000
    $32 PPSF$32 PPSF
  • Area
    128,592 SF128,592 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

James Stubblebine

James Stubblebine

Deals21
Sold$154.9M

Agency

The Stubblebine Company

The Stubblebine Company

Agency
Deals73
Volume$600.4M

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Deal Summary

SALE IMAGE: David Stubblebine & James Stubblebine DATE: 11/18/2020 ADDRESS: 75 Jytek Park MARKET: Leominster, MA ASSET TYPE: Warehouse SELLER: Jytek Industrial Trust BUYER: United Plastics Corp. BROKERS: David Stubblebine & James Stubblebine - The Stubblebine Co SALE PRICE: $4,200,000 SF: 128,592 ~ PPSF: $33

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