EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $3 million for 313 Speen St.
The mortgage financing was arranged by EagleBridge principals Ted Sidel and Brian Sheehan who stated that the loan was provided by regional financial institution.
313 Speen St. is a 59,500 s/f office building located on 3.84 acres off Rte. 9 and convenient to the Mass. Tpke. The two-story building has a brick exterior façade. 313 Speen St. features a large two-story interior, comfortably furnished, sky lit courtyard. Parking is available for 224 vehicles.
Tenants include Battelle Memorial Institute, MetoWest Orthopedics and Sports Medicine, Nasuni Corporation, Clinivation Inc., and Bright Horizons Child Care Center. Located nearby are numerous office buildings, shopping centers, restaurants, and hotels.
Sidel and Sheehan said, "We are pleased that EagleBridge was able to structure long term non-recourse financing at a very attractive rate."
EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for industrial, office, and r & d buildings, shopping centers, apartments, hotels, condominiums and mixed use properties as well as special purpose buildings.