EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2 million for a free standing retail building leased on a long term basis to Goodwill Industries.
The mortgage financing was arranged by EagleBridge principals Brian Sheehan and Ted Sidel who stated that the loan was provided by a regional financial institution.
The Goodwill Industries store is a single story 15,950 s/f architectural block and steel retail building located on a three acres at 115 Washington St. (Rte. 1). The store opened in August 2009 and is one of eleven Goodwill Industries stores in the state.
Sheehan and Sidel said, "We are pleased that EagleBridge was able to structure and deliver mortgage financing for our borrower which met all of his financing requirements."
Located within one mile are a number of shopping centers, restaurants, and auto dealerships. Major retailers located along and near Rte. 1 include Walmart Superstore, Christmas Tree Shops, Home Depot, BJ's Wholesale Club, TJMaxx, Staples, Dick's Sporting Goods, and Toy's R Us.
EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for shopping centers, condominiums, apartments, office, industrial, r & d buildings, hotels and mixed use properties as well as special purpose buildings.