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Hopkinton Building Receives $5.6M Financing From Colliers International

Nov 19, 2013 | Reprints | Unlock Link | Print

Colliers International has arranged $5.6 million in refinancing for 35 South St., a single-story, 69,000-square-foot flex/R&D building in Hopkinton.

Colliers worked on behalf of borrower BCC Property I LLC to refinance the maturing loan on the building with a 10-year, fixed-rate loan with Northway Bank. Ryan Bradley and Brian Gaswirth of the Colliers’ Capital Markets group worked with Northway Bank to complete the transaction.

Renovated in 2002, 35 South St. is 100 percent leased and sits on nearly seven acres of land.

Commercial & Industrial