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HUB Acquisition Trust Acquires Five-Story Building

STONEHAM, MA-Archon Group sells a five-story building here on One Montvale Ave. to HUB Acquisition Trust for $9.2 million. The 97,777-sf building is 90% leased and is located on Routes 93 and 95 about 10 miles north of Boston.

By Naomi Grossman | Updated on October 08, 2001

STONEHAM, MA-HUB Acquisition Trust acquired One Montvale Avenue here. The 97,777-sf building was purchased from Archon Group for $9.2 million.

The five-story building is located in this town about 10 miles north of Boston, near Routes 93 and 95 and is currently 90% leased. Among the building’s main tenants are the US Food and Drug Administration, the Internal Revenue Service and the Massachusetts Eye & Ear Infirmary. The building’s amenities include an atrium and covered parking.

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