EagleBridge Capital Arranges $6.5M Mortgage For Boston Mixed-Use Portfolio

Brighton Heights, 167 Corey Road, Boston, MA

Boston, MA -- EagleBridge Capital has arranged permanent mortgage financing in the amount of $6,500,000 for a portfolio of three properties situated in the Brighton section of Boston, Massachusetts on the Brookline line. 

The mortgage financing was arranged by EagleBridge principals Ted. M. Sidel and Brian D. Sheehan who stated that the loan was provided by a leading regional bank.

The portfolio is composed of Brighton Heights, a two-story 15,000 square foot office building, located at 167 Corey Road; 3 Washington Street which is leased to the Brighton Auto Clinic, and 5 Washington Street which is leased to U.S. 1 Petroleum. 

Ted M. Sidel

The buildings are located across from the Brighton Whole Foods Supermarket in an area of apartments, office buildings, and retail stores.

Tenants at the Brighton Heights office building include medical, medical related, educational, software, and real estate firms.  Brighton Auto Clinic is a long established auto repair and maintenance shop. U.S. 1 Petroleum is a full service gas station. 

Mr. Sidel and Mr. Sheehan stated, “This was an unusual combination of properties, but the superior location and experience of the borrower allowed us to refinance the property for a second time with the same lender.

” We are pleased that EagleBridge was able to increase the mortgage amount and structure very competitive mortgage financing that met the borrower’s needs.”

Brian D. Sheehan

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.

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

www.eaglebridgecapital.com

SG Property Services Wins Program Management Assignment For Clayton County, Georgia, Recreational Facility

Paul Shailendra

ATLANTA, GA — SG Property Services has won the program management assignment for Clayton County, Georgia’s new $10 million, 32,000-square-foot recreational facility. SG Property Services will oversee the master planning of the existing 195-acre property and the new aquatic-themed recreational facility.

 “We are excited to oversee this project on behalf of Clayton County,” said Paul Shailendra, president of SG Property Services. “Our program management division has grown substantially during the past few years, and we have a proven track record of successfully completing projects that increase both value and ownership.”  

 Feasibility services for the project started in May, and construction is slated for completion by May 2016. This will be Clayton County’s sixth recreational facility.

For a complete copy of the company’s news release, please contact:

Stephen Ursery

The Wilbert Group

404-405-2354

sursery@thewilbertgroup.com

Lincoln Harris Brokers New Lease for Southeast Series of Lockton Cos. LLC at Piedmont Town Center in Charlotte, NC

Piedmont Town Center,
4725 Piedmont Row Drive
Charlotte, NC

CHARLOTTE, NC— Lincoln Harris has arranged a new, 10,207-square-foot lease for Southeast Series of Lockton Cos. LLC at Piedmont Town Center, an upscale mixed-use complex at 4725 Piedmont Row Drive in Charlotte.

Campbell Walker, senior vice president of leasing in Lincoln Harris’ Charlotte office, represented the landlord, Piedmont Row Drive LLC, in the transaction. Brent Royall and Brad Grow of Colliers International represented the tenant.

 “Piedmont Town Center offers some of the best Class A office space in all of Charlotte,” Walker said. “With an ideal location on Fairview Road and easy access to Charlotte-Douglas International Airport, as well as Interstates 77 and 85, Piedmont Town Center continues to attract and retain fantastic tenants.”

 Earlier this year, Walker brokered two other notable offices leases at Piedmont Town Center. In one of the deals, AIG Claims Inc. signed a 14,139-square-foot renewal for its space in Two Piedmont Town Center; Royall and Grow represented the tenant.

Campbell Walker

 In the other transaction, Piedmont Natural Gas expanded its lease in One Piedmont Town Center by 13,620 square feet. Jubal Early, a senior vice president in Lincoln Harris’ Charlotte office, represented the tenant.

 Piedmont Town Center is a Class A mixed-use development project in the heart of the SouthPark community featuring two office buildings totaling a combined 420,000 square feet, 87,500 square feet of prime retail space and 180 luxury residential units.

For a complete copy of the company’s news release, please contact:

Stephen Ursery

The Wilbert Group

404-405-2354

sursery@thewilbertgroup.com

One Eleven, a Downtown Orlando Tower, Asking Central Florida Artists to Submit Murals

Jennifer Quigley

ORLANDO, FL – Lincoln Property Co. (Lincoln), in cooperation with the Orlando arts community, is seeking new artwork for its six-story murals on the One Eleven building, a 31-story mixed-use (office, retail and residential) high-rise overlooking Lake Eola — and is asking local artists to create new, unique designs as the replacements for the existing artwork.

 Lincoln is committed to continually enhancing the presence of its signature tower and its alliance with the dynamic Orlando art community. 

Submissions will only be solicited from local artists until Sept. 30, 2014. Three submissions will be chosen and placed on six-story murals on the exterior of the building. 

The firm is looking for entries that reflect the vibrant energy of downtown Orlando and will enhance the surrounding community.

One Eleven Building, Orlando, FL

 Entries will be judged by Lincoln Property Co. and the board of See Art Orlando, whose members include Mayor Buddy Dyer. 

“These panels are a stunning visual feature of the building, and the See Art Orlando board is excited to be asked to participate,” said Jennifer Quigley, chairwoman of See Art Orlando.

The winning artists will have their work displayed over the streets of downtown Orlando and overlooking Lake Eola for five-plus years and also will receive a cash prize.

 Previous winners included Martha Jo Mahoney, a prominent local artist, and Andrew Spears of Metro Finishes. Their artwork has enhanced downtown Orlando since the original call to artists in 2008.

  

“This is a tremendously exciting, fun and rewarding initiative. One Eleven is a great example in keeping with Lincoln’s belief that all towers have an obligation to give back to the community and public art,” said Scott Stahley, senior vice president for Lincoln who oversees the firm’s central Florida office.

Scott Stahley

“One Eleven is an exciting property in an exciting part of the city, and we can’t wait to see how the many talented artists in this area reflect that in their submissions.”

The entries must be original, and the submitting artists must reside in central Florida. For complete entry instructions and details, artists should email Lisa Cuatt at lisaq4@gmail.com.

For more details, updates and current entries, please visit www.facebook.com/OneElevenMurals.

For a complete copy of the company’s news release, please contact:

 Stephen Ursery

The Wilbert Group

404-405-2354

sursery@thewilbertgroup.com