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Canton Warehouse Secures $2.72M In Financing

Oct 11, 2011 | Reprints | Unlock Link | Print

115 Shawmut Rd., Canton EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2.72 million for an industrial building at 115 Shawmut Road in Canton.

The mortgage financing was arranged by EagleBridge principals Ted. M. Sidel and Brian D. Sheehan. The loan was composed of senior and junior financing, with the permanent first mortgage provided by an undisclosed regional financial institution, according to a statement.

115 Shawmut Road is located in the Shawmut Industrial Park. The building is a 55,000 square foot multi-tenant warehouse/distribution building with a 21-foot clear ceiling height. The property is fully leased to three companies. Tenants include Analog Devices, a manufacturer of high-performance integrated circuits; Delta Beckwith, which designs, installs, and services elevators and escalators; and Akers Industries, a wholesale supplier of disposable latex gloves for various industries and work gloves.

Commercial & Industrial