EMS building for sale
PETERBOROUGH — Drivers on Route 202 can’t miss the large “Available” sign outside the EMS building on Vose Farm Road. But details on what a sale of the building might mean for the future of EMS in Peterborough are hard to come by.
The 126,000-square-foot building, which houses the company’s retail store as well as corporate office space and a large amount of warehouse space, is owned by Vestis Retail Group, a Meriden, Conn., company that purchased EMS in 2012. Shortly after the purchase, the EMS distribution facility in the Peterborough building was closed, as Vestis consolidated distribution functions at a facility in Connecticut that also serves Bob’s Stores, a company that’s also owned by Vestis. The warehouse closing eliminated 110 jobs in Peterborough, about half of the company’s local workforce.
In July 2013, an EMS official said the company was considering what to do with the building, but was “committed to Peterborough” and would be plan to keep the retail store open.
Now the building has been put on the market and Vestis and EMS officials aren’t talking about their plans.
Calls to Vestis were referred to RCS Real Estate Advisors, a New York City-based firm. On Thursday, Spence Mehl, a vice president at RCS, declined to comment on the prospective sale of the building. Calls to Binswanger Management Corp., the real-estate firm listed on the sign outside the building, were not returned.
Last week, two EMS workers in Peterborough said they were unable to comment on plans for the Peterborough facility.
A listing on the Binswanger website describes the EMS building as a “fantastic 126,000-square warehouse/office facility on 10 acres,” with parking for 244 cars and frontage on Route 202 that is just 37 miles from the Manchester airport and 77 miles from Logan airport.