Beverly-based Brookwood Financial Partners LLC has refinanced its property in Danvers.

The property, located at 75 Sylvan St., was refinanced with East Boston Savings with the flexibility to accommodate a sale at some point in the future. Shawn Herlihy at Goedecke & Co. arranged the financing.

The property was originally acquired in May 2010 for approximately $10.3 million and was 39 percent occupied at the time. It includes three buildings that collectively contain 273,905 square feet of rentable space.

Within four months of acquisition, Brookwood executed new leases amounting to approximately 84,000 square feet, which increased the property’s occupancy to over 70 percent, and completed approximately $1 million in building renovations. The property is now 92 percent occupied.

Over the past year, Brookwood has received numerous offers to purchase the property; however, it has declined to sell as it believed that the property’s value will only continue to increase over the next 12 to 18 months.