September 20, 2019
Boston-based real estate investment management firm Oliver Street Capital has secured a $12.6 million loan to refinance 554 Clark Rd., a 102,200-square-foot R&D facility in Tewksbury. Brett Paulsrud and Amy Lousararian of JLL represented Oliver Street Capital in securing the fixed-rate loan through lender UniBank.
Located on a nearly 11-acre site just off of Interstate 495, the single-story facility was recently leased to Mycronic, a Swedish high-tech electronics assembly, display and packaging developer and manufacturer.
“Having purchased the asset last year, it has been exciting watching the team at Oliver Street fully lease the building in such a short amount of time,” said Paulsrud. “They have executed flawlessly on their business plan and I am happy to have been a part of it.”
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