Milford, MA – June 6, 2023 - Lobisser Companies secured financing from Rockland Trust to develop Medway’s newest medical building. The building will be leased on a long term basis to Milford Regional Physician Group, a subsidiary of Milford Regional Hospital.
“The Lobisser companies have an impressive reputation within Worcester County for developing buildings that strengthen and serve the local community. We’re honored to be part of this meaningful project and grateful for the relationship we’ve built with the team at Lobisser Companies,” said Darin Foster, Vice President, Commercial Loan Officer at Rockland Trust.
The new building, designed, permitted and constructed by Lobisser & Ferreira Construction Corp, will be approximately 22,000 sq feet of medical offices with nearly 90 parking spaces. This location will offer laboratory services, x-ray, urgent care, family medicine, pediatrics and woman’s health.
“We are very excited once again to partner up with Milford Regional as they continue to grow. This project represents Milford Regional’s commitment to offer expanded first class health care services to the Town of Medway and neighboring communities,” said Kevin Lobisser, President Lobisser Companies.
It is expected that the facility will be open at 68A Main Street Medway, MA in early spring 2024.
About INDB and Rockland Trust
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" 2022 list, an honor earned for the 14th consecutive year. Rockland Trust has a longstanding commitment to equity and inclusion. This commitment is underscored by initiatives such as Diversity and Inclusion leadership training, a colleague Allyship mentoring program, and numerous Employee Resource Groups focused on providing colleague support and education, reinforcing a culture of mutual respect and advancing professional development, and Rockland Trust's sponsorship of diverse community organizations through charitable giving and employee-based volunteerism. In addition, Rockland Trust is deeply committed to the communities it serves, as reflected in the overall "Outstanding" rating 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 over 120 retail branches, commercial and residential lending centers, and investment management offices located throughout Eastern Massachusetts 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.
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