Monday, April 4, 2022

EagleBridge Capital Arranges $38 Million Debt and Equity Financing for Office/R & D Complex in Wilmington, MA

181 and 187 Ballardvale Street,
 an office/r & d complex
 located in Wilmington, MA.
  

 Boston, MA -- EagleBridge Capital has arranged mortgage and JV equity financing in the amount of $38,000.000 for 181 and 187 Ballardvale Street, an office/r & d complex located in Wilmington, Massachusetts.

 

The financing was arranged by EagleBridge principal Ted Sidel and director Brian Walsh.


Ted Sidel 

The complex is composed of two office/r & d buildings totaling 210,945 square feet situated on 15.38 acres with parking for 756 vehicles.

 

181 Ballardvale Street contains 105,394 sf and 197 Ballardvale contains 105,541 sf. 


Each of the two-story building features two large glass atrium entries as well as two passenger and two freight elevators.

 

The property is conveniently located one mile from interchanges 39 and 40 of Route I-93.  The immediate neighborhood is home to offices and corporate facilities as well as technology, software, manufacturing, and life science companies.

 

 Located within walking distance along Ballardvale Street are multiple shopping and eating choices including Target, CVS, Starbucks, Dunkin Donuts, Subway, Pizza Hut etc.


Brian Walsh
Nearby companies include OSRAM, Agfa, Verizon, Charles River Laboratories, L3 Harris, Roche, Gillette, National Grid, Symbotic Robotics, Spectra Medical Devices, and Panasonic.

 

EagleBridge Capital is a Boston-based mortgage banking firm with over 25 years’ experience in arranging debt and equity financing as well as joint ventures for apartment, industrial, office, and r & d buildings, shopping centers, hotels, condominiums and mixed-use properties as well as special purpose buildings.

 

 EagleBridge Capital is a member of Commercial Real Estate Capital Advisors (CRECA), a national association of independent commercial mortgage banking firms.

 

CONTACT:

 Stanley J. Sidel

Senior Advisor

EagleBridge Capital

One Boston Place,  Suite 2600

Boston, MA 02108

Tel: 617-292-7177  Ext.12

Fax: 617-292-7575

ssidel@eaglebridgecapital.com

 

 

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