Tuesday, October 11, 2011

EagleBridge Capital Arranges Mortgage For Canton, MA Warehouse/Distribution Building



Boston, MA -- EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2,720,000 for 115 Shawmut Road, Canton, Massachusetts (top left photo). 

The mortgage financing was arranged by EagleBridge principals Ted. M. Sidel (middle right photo)l and Brian D. Sheehan (lower left photo) who stated that the loan was composed of senior and junior financing with the permanent first mortgage provided by a regional financial institution.

115 Shawmut Road is located in the Shawmut Industrial Park.  The building is a 55,000 square foot multi-tenant warehouse/distribution building with a 21’ clear ceiling height.  Exterior walls are brick.  Routes I-93, I-95, and 139 are within a five minute drive.

115 Shawmut Road is 100% leased to three companies.  Tenants include Analog Devices, a leading NYSE listed manufacturer of high-performance integrated circuits used in analog and digital signal processing applications, Delta Beckwith, which designs, installs, and services elevators and escalators, and Akers Industries, a wholesale supplier of disposable latex gloves for various industries and work gloves. 

Mr. Sidel and Mr. Sheehan stated, “We are pleased that EagleBridge was able to structure very competitive long term financing that met the borrower’s needs.”

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


Contact:  Ted Sidel, (617) 292-7177, Ext. 10, 33 Broad St., Boston, MA 02109.
Fax 617 292 7575

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