The Woburn property is a 61-door cross-dock distribution facility situated on 10 acres near Routes 93 and 95. It has been appraised at $2.4 million and its 24,500-sf building has 1,280-sf of office space and a 1,200-sf shop. The facility has been closed to operations since this past September when the 74-year-old Consolidated Freightways filed for bankruptcy protection. Since then Consolidated Freightways has been liquidating the assets of the corporation under orders of the bankruptcy court. The consolidation involves 220 properties with an appraised value over $400 million.
The Stoughton property is situated on a four-acre parcel and has 22 dock loading positions. Its 6,920-sf building has a 2,956 sf of office space and a 1,000-sf shop. It has been appraised at $1.3 million.
To date, 87 Consolidated Freightways properties throughout the country have been sold for $206 million.
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