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GREEN BAY, WIS. — The Milwaukee office of Grandbridge Real Estate Capital has originated and closed a $16.95 million loan for the refinancing of a 633,150-square-foot industrial property in Green Bay. Green Bay Converting Inc. owns and occupies the facility, which features 24,000 square feet of office space. Pat Dempsey and Jeff Schmidt of Grandbridge arranged the financing on behalf of the property owner-occupant. Funding for the transaction was provided by Portland, Maine-based UNUM Group through Kim White. The 13-year term loan was made for 70 percent loan-to-value with a fixed interest rate of 6.70 percent.