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New England Cold Storage Secures Financing from Rockland Trust for 120,000 SF Public Refrigerated Warehouse in Sturbridge, MA

Third Party Logistics Company to Break Ground May 21st on State-of-the-Art Cold Storage Facility

About New England Cold Storage, LLC

New England Cold Storage, LLC (NECS) is a real estate development company and a third-party logistics company, founded by three partners Robert Chamberlain, Jeffrey Eklund, and Chris Bailey. They thoroughly researched the industry opportunity and chose Sturbridge for their first facility because of its broad appeal to several different types of customers. They are assembling a team with the experience and expertise necessary to provide consistent service at a fair price. NECS intends to develop and operate additional facilities in the next few years.

About ARCO Design Build (

ARCO Design/Build is a leader in the industrial construction industry with hundreds
of associates across the nation and offices in all major markets. ARCO offers the strength, presence, and resources of a $2.5 billion national builder but with the responsiveness
of a local company. The Atlanta team specializes in the design and build of industrial warehouses/distribution centers, cold storage facilities, light industrial manufacturing,
self-storage, as well as office and tenant improvement projects. With a team of project managers, superintendents, engineers and in-house architects, their Southeast office delivers an enhanced design-build construction process with turnkey centralized project management.

About Rockland Trust Company

Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust was named to The Boston Globe’s “Top Places to Work” 2020 list, an honor earned for the 12th consecutive year.  In addition to this recognition, Rockland Trust was ranked the #1 Bank in Massachusetts, according to Forbes 2020 World’s Best Banks list. Rockland Trust is deeply committed to the communities it serves as reflected in the overall “Outstanding” rating received in its most recent Community Reinvestment Act performance evaluation. Rockland Trust offers a wide range of banking, investment, and insurance services. The Bank serves businesses and individuals through approximately 100 retail branches, commercial and residential lending centers, and investment management offices in eastern Massachusetts, including Greater Boston, the South Shore, the Cape, and Islands, as well as in Worcester County and Rhode Island. Rockland Trust also offers a full suite of mobile, online, and telephone banking services. Rockland Trust is an FDIC member and an Equal Housing Lender. To find out why Rockland Trust is the bank “Where Each Relationship Matters®,” please visit

Rockland Trust’s Commercial Banking Group has more than 50 commercial lenders and 16 lending centers throughout Massachusetts and Rhode Island. With a lending capacity up to $100 million, the Commercial Banking Team has broad experience in areas such as asset-based lending, commercial real estate, construction and land development, equipment financing, commercial mortgages, and low-income housing loans. In addition, the team can meet all the financial needs of its customers with additional services such as business deposit products, merchant and foreign exchange services, and cash management services.