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Packaging Company Leases Warehouse in Billerica

Nov 26, 2018 | Reprints | Unlock Link | Print

A packaging company has leased 56,000 square feet in in Billerica.

The property at 159 Rangeway Road is an 87,200-square-foot, 22-foot clear warehouse building and first class distribution building built in the late 1980s by Howland Development. The Stubblebine Co. represented both the landlord, Lynnway Rangeway LLC, and the tenant, Compass Packaging Solutions, in the transaction. The Stubblebine Co. sold the building in late 2016 to Lynnway Rangeway LLC for $7.3 million.

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

B&T Daily