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Jumbo Capital Management Buys Chelmsford Property For $11.7M

Nov 26, 2013 | Reprints | Unlock Link | Print

9 Stuart Road Hingham-headquartered Jumbo Capital Management LLC recently purchased a Chelmsford property for $11.7 million.

The property, located at 9 Stuart Road, includes a 286,000-square-foot, Class A warehouse with 28-feet clear height and 36 dock doors. The entire property is fully leased to Waddington North America Inc., a manufacturer of disposable drinkware, dinnerware, servingware, cutlery and custom packaging. As part of this transaction Waddington North America executed a new 20 year lease with additional extension options.

East Boston Savings Bank provided financing for the transaction.

Commercial & Industrial