Wednesday, June 3, 2015

EagleBridge Capital Arranges $8.9 Million Mortgage for Boston Office Building and Norwood Industrial Building


33 Broad Street, Boston, MA
Boston, MA --  EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $8,900,000 for 33 Broad Street, Boston, Massachusetts and 340-346 Vanderbilt Avenue, Norwood, Massachusetts. 

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 financial institution.

33 Broad Street is an 11-story 40,500 square foot office building located in the heart of Boston’s Financial District. The building has been completely updated and is served by three elevators.  

The building is 100% leased.  State Street Eye Health and Expresso Love occupy the first floor retail space. 

  The upper floors are occupied by 17 office tenants including law firms, accountants, consultants, foundations, financial advisors, real estate developers, mortgage bankers, and money managers.

Ted M. Sidel

33 Broad Street was constructed in 1904.  The building style is early Twentieth Century Renaissance Revival and is included in the National Register of Historic Places as part of the Custom House District.  33 Broad Street was designed by the leading architectural firm of its day, Shepley, Rutan and Coolidge, the predecessor of the noted architectural firm Shepley Bullfinch Richardson and Abbott.

340-346 Vanderbilt Avenue is a 65,240 square foot multi-tenant industrial building located in the Park Place Industrial Park in Norwood.  The building is fully leased to 8 national and local tenants.

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:

Ted Sidel

(617) 292-7177 EXT. 10

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