UN1F1ED² Global Packaging pays $4.2M for Sutton building
Photo | Courtesy | NAI Glickman Kovago & Jacobs
68 Providence Road in Sutton
Sutton's UN1F1ED² Global Packaging Group has paid millions to expand its footprint for the second time in less than two months.
The company, which makes packaging material out of foam, cardboard, wood and molded fiber, has paid $4.2 million for a 60,000-square-foot industrial building at 68 Providence Road in Sutton in a deal closed Monday. The deal was announced Wednesday by NAI Glickman Kovago & Jacobs, a Worcester realty firm that brokered the transaction.
UN1F1ED² bought the site from Holyoke manufacturer Universal Plastics, which couldn't be reached for comment.
The site of Universal Plastics, previously known as Mayfield Plastics, was last assessed by the Town of Sutton at nearly $2.8 million. Mayfield Plastics bought the site in 2000 for $500,000 and constructed the building four years later.
UN1F1ED² paid $9.5 million in November for a 383-acre site straddling the Millbury and Sutton town lines that had been used by Aggregate Industries as a sand and gravel site. The company already has two other buildings in Sutton: 46 Providence St. and its headquarters on Route 146.
UN1F1ED² also has local operations in Lancaster, Whitinsville and Worcester, along with 30 others nationally and in the Czech Republic, Ireland, Poland and Quebec, including sites operated by affiliates.
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