Boston developer buys another Leominster property, as North County expansion grows
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31 Jytek Road, Leominster
An entity registered to Steven Goodman of Boston developer GFI Partners has purchased an industrial property at 31 Jytek Road in Leominster for $3.5 million.
The 34,000-square-foot building, on a 1.8-acre property, is home to Reggio Register Co., a company specializing in decorative registers and grills for heating ducts. Reggio Register negotiated a seven-year lease with the new management.
William Kelleher, principal, and Paul Matt, senior vice president, of Worcester's Kelleher & Sadowsky Associates represented the seller, Walker Realty Trust on the sale. Kelleher & Sadowsky also represented Reggio Register on the lease.
The Stubblebine Co. of Lexington represented the buyer.
In May, an entity registered to Goodman and David Stubblebine of Lexington real-estate firm The Stubblebine Co./CORFAC International purchased 50 Jytek Road for $1.58 million.
The Stubblebine Co./CORFAC International recently leased 50 Jytek Road to eco-friendly packaging company UrthPact LLC.
GFI Partners has proposed a 366,000-square-foot industrial facility on the Fitchburg, Lunenburg border, and owns a constellation of industrial, residential, and office properties across Worcester County and MetroWest.
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