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| The Learning Experience, 70 Simarano Drive, Marlborough Hills, MA |
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| Brian D. Sheehan |
Boston, MA -- EagleBridge Capital has arranged
acquisition/permanent mortgage financing in the amount of $2,700,000 for The
Learning Experience located in Marborough, Massachusetts.
The mortgage financing was arranged by
EagleBridge principals Brian D. Sheehan and Ted M. Sidel who
stated that the loan was provided by a leading Massachusetts thrift
institution.
The Learning Experience is located at 70
Simarano Drive in Marlborough Hills, a corporate and residential mixed-use
development. It is a free-standing childcare learning center containing
10,000 sf with a 5000 sf outdoor play area on a 1.82 acre site.
The property is net leased to The Learning
Experience on a long term basis. Founded in 1980, The Learning
Center is one of the nation’s fastest growing pre childcare centers with more
than 300 locations across the country.
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| Ted M. Sidel |
Located within Marlborough Hills are the
350 unit Avalon Marlborough Apartments, the Hilton Garden Inn and Conference
Center, and a number of corporations including TJX, GE Healthcare, Quest
Diagnostics, Wellington Management, Dow Chemical, Oracle, Lockheed Martin, and
the Whole Foods Northeast Corporate headquarters.
Mr. Sidel and Mr. Sheehan stated, “We are
pleased that EagleBridge was able to meet the borrower’s requirements and
arrange a very attractive long term mortgage financing featuring a most
attractive rate, term, and amortization with a flexible prepayment.”
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.
CONTACT:
Stanley J. Sidel
Senior Advisor
EagleBridge Capital
One Boston Place, Suite 2600
Boston, MA 02108
Tel: 617-292-7177 Ext. 300
