Boston Business Journal - June 2, 2006
Angelo Gordon and Co. bought a 68,000-square-foot industrial building from 21 Great Republic Drive LLC for $8 million. The deal is a sale and lease back, in which the seller, a joint venture of the Good Harbor Fillet Co. and a private investment fund based in Los Angeles, will continue to occupy and lease the Gloucester, MA building. Good Harbor Fillet signed a 20-year lease for the building with Angelo Gordon and Co.
The building is at 21-29 Great Republic Drive in Gloucester on 9.6 acres in the Blackburn Industrial Park and is about 30 miles northeast of downtown Boston.
Good Harbor Fillet Co. is a seafood processing company whose clients include Gorton's, the U.S. Food Service, Stop & Shop, the U.S. military and school systems nationwide.
Good Harbor Fillet was advised by Sonnenblick Goldman, a New York-based real estate banking firm, in the transaction.
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