Boston–EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $14,000,000 for One United Drive located in West Bridgewater, MA.
The mortgage financing was arranged by EagleBridge principals Brian Sheehan and Ted Sidel who stated that the loan was provided by a leading Massachusetts based financial institution.
One United Drive is the home of Cheer Pack North America (CPNA). Cheer Pack North America is the leading developer and manufacturer of proprietary spouted pouches and packaging equipment for the food and beverage industry. Its products are used in in the packaging of baby food, children’s snacks, dressings, condiments, beverages, refrigerated dairy, pet food, lotions, sunscreens, household cleaners and other food and non-food items.
One United Drive is a 315,000 square foot, manufacturing/distribution building comprised of 30,000 square feet of office space and 285,000 square feet of manufacturing and distribution space on a 29.86 acre site. Clear heights in the manufacturing /distribution portion of the building range from 22’ to 25’. There are 40 loading docks. Parking is available for 327 vehicles.
The building is highly energy efficient with a 2,144 KW rooftop solar installation covering the entire roof. It is one of the largest rooftop solar industrial building installations in New England.