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The signing of an 189,124 square-foot lease by Seaboard Folding Box will bring 120 jobs to Westminster as the company seeks to expand its manufacturing capacity.
According to Los Angeles-based Hackman Capital Partners that co-owns the property with Hudson’s Calare Properties, Seaboard will have both manufacturing and warehouse space at the same facility. Hackman Capital Partners will be customizing the space to accommodate Seaboard’s specialty production equipment and office needs.
Seaboard signed a long-term lease for part of the property at Route 2 Commerce Park, 100 Simplex Drive. The Fitchburg-based company makes paperboard boxes for customers across the country in the food, retail, and personal care markets. This new facility will boost the company’s manufacturing and distribution while bringing 120 jobs to Westminster, according to the company, which did not specify how many would be new positions.
The property is part of a more than 10 million-square-foot portfolio owned by a joint venture formed by Hackman Capital Partners, Calare Properties and KBS Real Estate Investment Trust. The bulk of that portfolio — 24 buildings, totaling 7.95 million square feet — is located in the Northeast.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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