EagleBridge Capital Arranges $7,450,000 For Three New Industrial Buildings
BOSTON--:EagleBridge Capital has arranged construction and permanent mortgage financing totaling $7,450,000 for three new industrial building currently under construction in Middleton, Middleborough, and Chicopee, Massachusetts
The mortgage financings were arranged by EagleBridge principals Ted. M. Sidel and Brian D. Sheehan who stated that the loans were provided by three different regional banks.
In Middleton, EagleBridge arranged mortgage financing for the new 20,000 square foot headquarters of Tool Technology, Inc. to be located on Ajootian Way in the Riverview Industrial Park. Tool Technology is an ISO 9010 and AS9100 registered contract manufacturer which has been providing high quality, ultra-precision components and sub-assemblies for over 30 years to a wide variety of industries including aerospace, communications, medical, military defense, and semiconductor.
In Middleborough, EagleBridge arranged mortgage financing for a new 20,000 square foot distribution/warehouse building located on a 3.98 acre site on Leona Drive in the Campanelli Business Park of Middleborough, a 220 acre business park located in close proximity to Route I-495.
In Chicopee, EagleBridge arranged mortgage financing for a new 31,000 square foot distribution/warehouse building on a 4.33 acre site on Lonczak Drive in the Westover Air Park.
Mr. Sidel and Mr. Sheehan stated, “We were pleased to arrange financing on very competitive terms that met our clients’ requirements. Even in today’s challenging economic environment, financing is available for well conceived high quality projects such as these.”