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| Verizon Facility, 173 Boston Street, Boston, MA |
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| Ted M. Sidel |
Boston, MA -- EagleBridge Capital, working exclusively on
behalf of its client, has arranged permanent mortgage financing in the amount
of $9,000,000 for the Verizon facility located at 173 Boston Street, Boston,
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.
The facility is net leased
to Verizon New England which has been a tenant at 173 Boston Street for more
than 45 years. The complex serves as an
important hub for Verizon within the City of Boston. Its location offers
convenient road access to the City’s neighborhoods and downtown area.
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| Brian D. Sheehan |
The
buildings total 57,600 square feet including 20,000 square feet of office
space. The 3.88 acre secure site offers
ample parking for Verizon’s fleet of service vans and cherry pickers used to
service, repair, and install telephone and internet service throughout the City
of Boston.
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 more information on this press release,
please contact:
Ted Sidel
(617) 292 7177
Ext 100
Or
Stanley J. Sidel
Senior Advisor
EagleBridge Capital
33 Broad Street
Boston, MA 02109
Tel: 617-292-7177 Ext. 300
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