Boston, MA -- EagleBridge Capital has arranged mortgage financing in the amount of $10,800,000 for Phase I of Dorset Crossing (top left photo) located in Simsbury, Connecticut working exclusively on behalf of the Keystone Companies.
The mortgage financing was arranged by EagleBridge principals Ted M. Sidel (middle right photo) and Brian D. Sheehan (middle left photo) who stated that the loan was provided by a regional financial institution.
Dorset Crossing is an innovative, master - planned mixed use development, strategically located in Simsbury Connecticut. Phase I includes two 15,000 square foot medical office buildings which are currently under construction.
Other buildings in this phase shall include an additional 20,000 square foot medical office building, a 14,000 square foot retail building and a 3500 square foot retail building. Up to 275 apartment units and 3 additional sites for general commercial use are planned for Phase II.
Saint Francis Hospital and Medical Center (lower right photo) of Hartford has leased 10,000 square feet of space in the first building which shall include physician offices, urgent care services, and a community room. This will be Saint Francis Care’s seventh access center complex joining facilities in Avon, Bloomfield, East Hartford, Ellington, Enfield, and Glastonbury.
Saint Francis is 617 bed major teaching hospital and the largest Catholic hospital in New England.
Dorset Crossing is located on Route 10 (Hopmeadow Street) with great visibility and a signaled entrance with dedicated turning lanes on Route 10 offering easy access.
Located nearby on Route 10 are Stop & Shop, TJ Maxx, and The International Skating Center of Connecticut. The location offers easy access to Route I-91. Hartford and Bradley International Airport are within a 20 minute drive.
Mr. Sidel and Mr. Sheehan stated, “We are pleased to have played a part in this outstanding project. Our lender recognized the quality of the project and the top notch job that Keystone Companies has done in bringing Dorset Crossing to fruition.”
Contact:
Ted Sidel
(617) 292-7177 EXT. 10
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