BOSTON--The Boston office of CBRE | Capital Markets, announced that it had arranged the $4.9 million acquisition financing for 1764 Litchfield Turnpike, a 49,790-square-foot, Class A office building in Woodbridge, Connecticut, known as the Woodbridge Corporate Center.

Michael Prakken, senior director, and Deborah Dalton, senior analyst, both of CBRE | Capital Markets' Boston office, secured the financing for APCA Woodbridge LLC, an affiliate of Boston-based Ashforth Paradigm Capital Advisors, LLC. The financing was arranged through Equitrust Life Insurance Company. The $4.9 million financing is a five-year, fixed rate, non-recourse loan.

"Equitrust Life delivered competitive acquisition financing at the height of the turbulence in the debt markets, while holding their original quote," said Ms. Dalton.

Woodbridge Corporate Park is a 95% occupied, multi-tenant, 49,790-square-foot, Class A office building located in Woodbridge, Connecticut.  The property rests on a 7.95-acre lot and maintains convenient access to major transportation routes and is minutes from downtown New Haven, Connecticut.