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Developer Erecting 235,000 sf Building, on Spec if Necessary

Tambone Corp. hopes to break ground in August.

By Joe Clements | Updated on July 28, 2000

METHUEN, MA—Responding to a perceived need for industrial goods, Tambone Corp. plans to develop a 235,000-sf distribution facility in this northern Massachusetts community. Principal Anthony Tambone said that his Reading, MA, firm hopes to begin construction within three weeks, pending final approvals from the city’s planning board.

“It’s a big one,” says Tambone, who plans to undertake to project on a speculative basis if a tenant is not found before groundbreaking. The company has successfully undertaken similar projects during the past two years, including the 120,000-sf Cedar Hill Industrial Center in Marlborough, which leased up in a few months after breaking ground last summer.

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