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

Single-tenant office building in Redmond, WA trades hands

Logan Greer

 

 SEATTLE, WA – JLL Capital Markets announced has closed the sale of 9805 Willows, an 80,980-square-foot, creative office asset in Redmond, Washington.

 JLL worked on behalf of the seller, a joint venture between Graymark Capital and Blue Vista Capital Management, and procured the buyer, Invesco Real Estate.

Gerry Rohm

 Redmond, along with the Eastside in general, has remained resilient throughout the pandemic and boasts a Class A office vacancy rate of 2.6% as of the end of third quarter 2020.

 “The Redmond market has performed exceptionally well throughout a tough year for most major markets,” said JLL Senior Director Logan Greer. 

“The Eastside submarkets are outpacing the Seattle CBD for the first time in history—the Eastside has captured 76% of the region’s total leasing volume YTD, and our clients are taking note.”

 9805 Willows was originally built in 1998 and currently undergoing an extensive renovation. The creative office asset features 14’ ceiling heights.

 The JLL Capital Markets team was led by Greer, Senior Managing Directors Gerry Rohm and Michael Leggett and Associate Kaden Eichmeier.

 JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.

Michael Leggett 

The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales advisory, debt placement, equity placement or a recapitalization.

The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.

 For more news, videos and research resources on JLL, please visit our newsroom.

 

About Graymark Capital

Graymark Capital is an industry-leading commercial real estate firm, headquartered in San Francisco, California.

Graymark invests in institutional quality office, R&D, Life Sciences and industrial properties in the Western U.S. that appeal to today’s modern tenants.

Since 2012, Graymark has purchased 25 office, R&D, Life Sciences, and industrial properties comprising over 2.7 million square feet and over $1.1 billion of value.

Kaden Eichmeier

 About Blue Vista Capital Partners

Blue Vista is a Chicago-based leading real estate investment firm dedicated to developing long-term relationships, serving investor interests and delivering consistent performance through a rigorous academic and research-driven investment process.

Blue Vista’s value-creating platform offers a national footprint in the U.S. and Canada, local operating expertise, and best-in-class investment strategies focused exclusively on student housing, middle market real estate and lending. Since the firm’s inception in 2002,

Blue Vista has invested over $10.5 billion in total capitalized value through institutional real estate vehicles.

 CONTACT:

Contact: Kristen Murphy

JLL Senior Manager

 Public Relations

Phone: +1 617 848 1572

Email:  Kristen.Murphy@am.jll.com

www.invesco.com/corporate.

jll.com.