 |
| CVS Pharmacy, Main Street, Wayland, MA |
 |
| Ted M. Sidel |
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 Massachusetts thrift
institution.
The new free standing CVS
is under construction on a 2.1 acre site located at corner of Main Street and
West Plain Street.
The CVS shall contain
13,900 square feet and will also feature a drive thru as well as 60 parking spaces. The site was formerly the home of Finnerty’s
Restaurant which was demolished to make way for the new pharmacy.
Mr. Sheehan and Mr. Sidel
stated, “We are pleased that EagleBridge was able to structure the financing to
provide a combination acquisition and permanent mortgage at a very attractive
rate, term, and amortization with the first year being interest only.
 |
| Brian D. Sheehan |
CVS operates over 9700
retail pharmacies across the country with over 357 located in Massachusetts and
is part of CVS Health Corporation.
EagleBridge Capital is a
Boston-based mortgage banking firm specializing in arranging debt and equity
financing as well as joint ventures for shopping centers, apartments, office,
industrial, and
r & d buildings, hotels, condominiums, and mixed use properties
as well as special purpose buildings.
For more information on this transaction, please
contact:
Stanley J. Sidel
Senior Advisor
EagleBridge Capital
33 Broad Street
Boston, MA 02109
Tel: 617-292-7177 Ext. 300
No comments:
Post a Comment