2 Large Businesses Lease Space In Wilmington

WILMINGTON, MA — According to a report in the New England Real Estate Journal, two large businesses have recently opened locations in Wilmington.

American Furniture Rental recently leased 35,000 s/f at 5 Waltham Street.

The 83,000 s/f facility, which was purchased in 2016 by 5 Waltham St. LLC, was recently renovated and is now 100% leased.

David Stubblebine and James Stubblebine, of The Stubblebine Co., represented the landlord, while Ed Jaroz represented the tenant.

Gypsum Management and Supply Inc., meanwhile, recently leased 48,000 s/f at 1 Burlington Avenue.

The 450,000 s/f facility, the former home to Sweetheart Plastics, is described as “a first class high bay distribution complex with proximity to numerous amenities and the commuter rail.” It is located at the intersections of Routes 38, 129 and 62.

David Stubblebine and James Stubblebine, of The Stubblebine Co., represented both the landlord, Big Joe LLC, and the tenant, Gypsum Management, doing business as Robert N. Karpp Co.

5 Waltham Street
5 Waltham Street (Photo credit: Norlund Associates, Inc.)

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