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Boston & New England  + Office  |  September 20, 2019
David Cohen
By: David Cohen

Oliver Street Capital Secures $13M Refinancing for Tewksbury R&D Facility

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.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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