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Finance
Posted: September 10, 2021
EagleBridge Capital arranges $14.5m for industrial complex - the loan was provided by a leading national bank
Stamford, CT EagleBridge Capital has arranged permanent mortgage financing in the amount of $14.5 million for an industrial complex.
The mortgage financing was arranged by EagleBridge director Brian Walsh who stated that the loan was provided by a leading national bank.
The complex is composed of six warehouse/flex buildings with office space ranging in size from 3,800 s/f to 45,150 s/f and totaling 140,000 s/f. Ceiling clear heights range up to 28 feet. The buildings are situated on 6.2 acres along Viaduct Rd. within the Fairfield County industrial market and less than two miles from Rte. I-95.
The buildings are leased to a variety of tenants including CenturyLink, Lowa Boots, Site One, Kaster Moving, and Alba Stone. Stamford is the home of a number of companies including Charter Communications, Synchrony Financial, Conair, Gartner, Gen RE, Pitney Bowes, Crane Co., NBC Sports Group, WWE, and United Rentals.
Walsh said, “We were pleased to arrange permanent mortgage financing which met the borrower’s goals and featured a very attractive interest rate and flexible prepayment.”
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.
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Finance
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