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| 103 Woodland Street, Hartford, CT leased to St. Francis Hospital Medical Center |
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| Ted M. Sidel |
Boston, MA -- EagleBridge Capital has arranged
construction/permanent mortgage financing in the amount of $11,080,000 for 103
Woodland Street, Hartford, Connecticut which is leased to St. Francis
Hospital Medical Center.
The mortgage financing was arranged by EagleBridge principals
Ted M. Sidel and Brian D. Sheehan with a regional financial
institution on behalf of its client, The Keystone Companies, Simsbury,
Connecticut.
The five-story, 57,753 square foot building is located on a
3.91 acre site across Woodland Street from the main campus of St. Francis
Hospital Medical Center.
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| Brian D. Sheehan |
The building
formerly housed VNA Healthcare. 103
Woodland Street is NNN leased to the hospital on a long term basis. It will
house administrative, IT, and finance offices.
The building is undergoing significant modernization and
rehab which will include buildout of new office space as well as upgrading of
the roof, core, electrical system, and elevators.
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.
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.
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| John T. O'Connell Tower, Hartford, CT |
EagleBridge Capital is a Boston-based mortgage banking firm
specializing in arranging debt and equity financing as well as joint ventures
for mixed use properties, shopping centers, apartments, office, industrial, R
& D, and medical buildings, 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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