January 31, 2017
Plastics co. buys industrial plant for $5.2M
F&M Tool & Plastics of Leominster purchased this building near its headquarters for $5,150,000.
By Savannah Donohue
A Leominster plastics company has purchased a 227,422-square-foot industrial building next to its headquarters for $5.15 million, according to an announcement Monday from the broker of the sale.
The company, F&M Tool & Plastics, purchased the building through Lexington commercial real estate firm Stubblebine Company/CORFAC International.
A spokesperson for Stubblebine said F&M purchased the location due to its proximity to Route 2 and I-90 as well as to F&M's headquarters.
F&M's plans for the new space were not disclosed.
Stubblebine Company/CORFAC International facilitated the lease and sale of large industrial and commercial properties in New England.
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