$11.7M Secures New Facility for Premier Fence

January 08, 2026

Kiara Ford, 978-844-1380
kford@massdevelopment.com

MIDDLEBOROUGH, Mass. – 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. in Middleborough that features four approximately 20,000-square-foot 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 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 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-the-art facility positions Premier Fence for continued growth and long-term success as we enhance our ability to deliver high-quality 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.”

MassDevelopment, the state’s development finance agency and land bank, delivers financing solutions, real estate expertise, and other assistance to strengthen and grow the Massachusetts economy. We partner with businesses, nonprofits, developers, banks, and municipalities, providing resources to help create jobs, build housing, and foster vibrant communities across the state. During FY2025, MassDevelopment financed or managed 409 projects generating investment of more than $4.65 billion in the Massachusetts economy. These projects are estimated to create or support 25,246 jobs and build or preserve 2,867 housing units.