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EagleBridge Capital Arranges $6.24M Mortgage For Boston Verizon Facility

Feb 25, 2013 | Reprints | Unlock Link | Print

Verizon EagleBridge Capital has arranged $6.24 million in permanent mortgage financing for the Verizon facility at 173 Boston St. in Dorchester.

The facility is leased to Verizon New England which has been a tenant at the 56,870-square-foot complex for more than 38 years.

Verizon occupies a mix of office and service space, including a carport and a warehouse building with multiple drive-in doors. The buildings contain 20,000 square feet of office space.

Financing was arranged by EagleBridge principals Ted Sidel and Brian Sheehan.

Boston-based EagleBridge is a mortgage banking firm that arranges debt and equity financing, as well as joint ventures for industrial, office and other commercial properties.

Commercial & Industrial