High-Profile: February 2026 | Page 27

“Building a strong economy means supporting manufacturers as they invest, modernize, and compete.”
February 2026 High-Profile Focus: Industrial Facilities 27

$ 11M Bond Issued for Premier Fence Project in Middleborough

Middleborough, MA – MassDevelopment has issued a $ 4 million tax-exempt bond and a $ 7.7 million taxable bond on behalf of 1010 Turnpike, LLC, a real estate holding company related to Premier Fence, a manufacturer of fencing products and outdoor home goods that plans to relocate its operations and employees to a larger facility in Middleborough.
The company will use bond proceeds to buy a 25.8-acre property located at 370 Wareham St. that features four approximately 20,000sf buildings. After using bond proceeds to rehabilitate and equip the property, the company will use one of the buildings as office space, a showroom, and a state-of-the-art campus for training and will use another of the buildings for manufacturing and warehousing of raw materials and finished goods storage. The company plans to lease the remaining two buildings to other tenants.
Construction began in October 2025 and is expected to be completed in February 2026. The bonds, purchased by Cambridge Savings Bank, helped the borrower achieve a lower cost of capital.
“ Building a strong economy means supporting manufacturers as they invest, modernize, and compete,” said Economic Development Secretary Eric Paley, who serves as chair of MassDevelopment’ s

“Building a strong economy means supporting manufacturers as they invest, modernize, and compete.”

– Eric Paley, Economic Development Secretary
board of directors.“ We are pleased this bond financing is empowering Premier Fence to expand to a new, larger facility and continue creating high-quality products right here in Massachusetts.”
“ Premier Fence has built a reputation
Rendering courtesy of Premier Fence
for high-quality craftmanship in fencing and outdoor home goods over the past 25-plus years,” said MassDevelopment president and CEO, Navjeet Bal.“ MassDevelopment is pleased to partner with Cambridge Savings Bank to help the company continue to grow in Massachusetts with a new and larger state-of-the-art facility.”
“ Middleborough is pleased to welcome Premier Fence to our community,” said Middleborough town manager, James McGrail.“ This investment demonstrates confidence in our town and will support job creation and the growth of local businesses. We appreciate MassDevelopment’ s work to bring projects like this forward and look forward to seeing the company thrive here.”
“ At Cambridge Savings Bank, we’ re committed to fostering the growth of businesses that form the backbone of our state’ s economy,” said Brendan Kennedy, senior vice president, corporate banking team leader at Cambridge Savings Bank.“ Premier Fence’ s expansion exemplifies the kind of infrastructure-building investment we’ re proud to support— one that drives local job creation, enhances community development, and contributes to the long-term vitality of Massachusetts manufacturing.”
Premier Fence was founded in 1998 and is currently located at a facility in Canton, where it has reached its full capacity. The company designs, fabricates, and installs fencing throughout New England for residential homes, commercial businesses, municipalities, and state and federal agencies for privacy, security, and aesthetic appeal.
“ This new and expanded state-of-theart facility positions Premier Fence for continued growth and long-term success as we enhance our ability to deliver highquality fencing and outdoor products and services to the communities we serve,” said John Feerick, president and CEO of Premier Fence, LLC.“ We appreciate the support of MassDevelopment and Cambridge Savings Bank, whose partnership has been instrumental in bringing this expanded project to fruition.”
Seeing the Whole Building: A Deep Dive with Allison Toonen-Talamo of Walker Consultants continued from page 16
work progresses.
I’ ve been involved in projects using both approaches, and while no process is foolproof, I have consistently seen stronger outcomes when a building enclosure consultant is engaged earlier in the project. Early involvement allows the team to better align repair strategies, material selection, and sequencing with the building’ s actual conditions. From an owner’ s perspective, early clarity can support more informed financial planning, smoother coordination during construction, and a more intentional approach to extending the service life of the structure.
AB: How do you help owners decide between restoring, retrofitting, or fully replacing building systems, and what factors tend to tip the scale one way or another?
AT: Decisions around restoring, retrofitting, or fully replacing building systems are often influenced first by budget and schedule realities, and we’ re very mindful of that when working with owners. Our role is to help owners understand how existing conditions, building performance, and project goals intersect so they can make informed decisions within those constraints.
From an enclosure perspective, our
“ Early decisions are often driven by a visible issue such as a leak, facade distress, or deferred maintenance item without full awareness of how that condition may relate to broader building performance or long-term durability.“
recommendations are typically driven by what’ s happening both inside and outside the building. Interior conditions, ongoing use, and occupancy expectations all matter, as do exterior concerns such as deterioration that may pose safety considerations or limit performance. In some cases, owners may already be leaning toward replacement, such as new windows or roofing, while in others, restoration or targeted retrofits may better align with the building’ s condition and overall goals.
Code compliance and regulatory context are also key factors. If a building
is landmarked or located within a historic district, we help owners understand how the Secretary of the Interior’ s Standards and local preservation guidelines may influence what is feasible or appropriate. Those requirements often play a role in tipping the scale toward restoration or repair over full replacement, particularly for visible exterior elements.
AB: With aging infrastructure across New England, what should owners and facility managers be prioritizing now to avoid emergency-level restoration projects later?
AT: One of the most important priorities for owners and facility managers is being intentional about deferred maintenance. The longer routine maintenance is postponed, the more likely it is to grow into a larger and more costly scope of work over time. Labor and material costs continue to rise, and conditions that may have felt manageable a few years ago often become more complex, and more expensive, if left unaddressed. Even tackling smaller portions of work earlier can help slow deterioration and support better long-term outcomes.
When repairs are phased, sequencing matters. Breaking work into smaller sections can be an effective strategy, but only if the order of repairs is thoughtfully
planned. Poor sequencing can lead to duplicated effort or rework, which adds unnecessary cost and disruption. Having the right team involved early, people who understand how systems interact and can think through repair logistics holistically, can help owners avoid repeating work and make the most of each repair cycle.
Another area owners and facility managers can focus on right now is better documentation and communication with tenants, particularly around issues like water infiltration. Establishing a simple log to track leaks, staining, or recurring concerns, even before engaging a building enclosure consultant, can be extremely helpful. Over time, that information helps tell the story of how and where a building is performing under stress. Encouraging tenants to report issues and staying engaged with those observations provides valuable insight that can inform future evaluations and planning.
When repair work is being considered, owners may also want to explore whether grant programs or other incentive opportunities are available to help support the project. Identifying potential funding sources early can sometimes influence scope, timing, and sequencing, particularly for historic or community-focused properties.
www. high-profile. com