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| Saint Francis Information Technology and Finance Center, 103 Woodland Street, Hartford, CT |
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| Ted M. Sidel |
Boston, MA -- EagleBridge
Capital has arranged the $20,750,000 sale of as well as permanent mortgage
financing in the amount of $15,000,000 for the Saint Francis Information
Technology and Finance Center located at 103
Woodland Street, Hartford, Connecticut.
The sale and financing
were arranged by EagleBridge principals Ted
M. Sidel and Brian D. Sheehan.
The non-recourse, long term fixed rate mortgage was provided by a major
Connecticut based financial institution.
The five-story, 57,753
square foot Saint Francis Information Technology and Finance Center, is located
on a 3.92 acre site across Woodland Street from the main campus of Saint
Francis Hospital & Medical Center. The building is NNN leased to Saint
Francis on a long term basis and houses administrative, IT, and finance
offices.
The Saint Francis Hospital & Medical
Center is a 617 bed major teaching hospital and one of the largest hospitals in
Connecticut. It is a regional referral center with major clinical
concentrations in cardiology, oncology, orthopedics, women’s services, and
rehabilitation.
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| Brian D. Sheehan |
In 2011, the hospital
opened the ten-story, 318,000 square foot John T. O’Connell Tower featuring 135
private patient rooms,19 new operating rooms, a new emergency room with 70
treatment areas and 13 sheltered ambulance bays, and a rooftop heliport.
EagleBridge Capital is a
Boston-based mortgage banking firm specializing in arranging debt and equity
financing as well as joint ventures for single tenant, shopping centers,
apartments, office, industrial, R &
D, and medical buildings, mixed use properties, hotels, and condominiums as
well as special purpose buildings.
For a complete copy of the company’s news release,
please contact:
Stanley J. Sidel
Senior Advisor
EagleBridge Capital
33 Broad Street
Boston, MA 02109
Tel: 617-292-7177 Ext.14
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