EagleBridge Capital Arranges $4,230,000 Financing for Northborough, MA Office Building

44 Bearfoot Road,  a three-story, 45,000 square foot, multi-tenant, building in  Northborough, MA situated on a 6.5 acre site
 with parking for 212 vehicles

 

Boston, MA -- EagleBridge Capital, has arranged acquisition/permanent mortgage financing in the amount of $4,230,000 for 44 Bearfoot Road, Northborough, Massachusetts.

 The mortgage financing was arranged by EagleBridge principal Ted. M. Sidel who stated that the loan was provided by a leading regional financial institution.

Ted. M. Sidel 

 44 Bearfoot Road is a three-story, 45,000 square foot, multi-tenant, building situated on a 6.5 acre site with parking for 212 vehicles. The building is 100% leased. 

 Occupants include Marlborough Office Center, Greater Boston Commercial Properties, Endeavor Films, and a mix of medical, legal, and business tenants. The building was constructed in 2001 and renovated in 2017.

  The property is located just off of the Solomon Pond Road/I-290 Interchange (Exit 25) and less than two miles from the I-290/I-495 Interchange. Route I-495 is metropolitan Boston’s outer ring circumferential highway.

  The 1.1 million square foot Solomon Pond Mall anchored by Macys and featuring 100 stores and restaurants is located on Solomon Pond Road. 

Solomon Pond Mall, Marlborough, MA

 

Located nearby are  the Courtyard by Marriott, the Best Western Hotel and Trade Center, and a number of corporations including TJX, Saint-Gobain Research Center, GE Healthcare, Quest Diagnostics, Wellington Management, Dow Chemical, Oracle, Lockheed Martin, TJX, Boston Scientific and the Whole Foods Northeast Region Corporate headquarters as well as  shopping centers, restaurants, and apartment complexes.

Saint-Gobain Research Center
North America
Northborough, MA

 EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for apartment, industrial, office, and r & d buildings, shopping centers, hotels, condominiums and mixed use properties as well as special purpose buildings 

  EagleBridge Capital is a member of Commercial Real Estate Capital Advisors (CRECA),  a national association of independent commercial mortgage banking firms.

 CONTACT:

Stanley J. Sidel

Senior Advisor

EagleBridge Capital

One Boston Place,  Suite 2600

Boston, MA 02108

Tel: 617-292-7177  Ext.12

Fax: 617-292-7575

ssidel@eaglebridgecapital.com