Boston’s EagleBridge Capital has arranged construction and permanent mortgage financing totaling $7.45 million for three industrial building under construction in Middleton, Middleborough and Chicopee.
The mortgage financings were arranged by EagleBridge principals Ted. M. Sidel and Brian D. Sheehan. The loans were provided by three different regional banks, according to a statement.
In Middleton, EagleBridge arranged mortgage financing for the new 20,000-square-foot headquarters of Tool Technology Inc. The building is located on Ajootian Way in the Riverview Industrial Park.
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-
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.
"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," Sidel and Sheehan said in a statement.
