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January 13, 2021 Comments (0) Views: 429 Boston New England News, Metro Boston

EagleBridge Capital Secures $4M Acquisition Loan for Northborough Office Building

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EagleBridge Capital has arranged a $4.2 million acquisition loan for 44 Bearfoot Road, a three-story, 45,000-square-foot office building in Northborough, MA.

The office property is situated on a nearly seven-acre site and includes parking for 212 vehicles. The property is currently 100% leased to a tenant roster that includes Marlborough Office Center, Greater Boston Commercial Properties, Endeavor Films, and a mix of medical, legal, and business tenants. The building was constructed in 2001 and renovated in 2017.

Ted Sidel of EagleBridge secured the financing on behalf of the undisclosed borrower. The loan was provided by a leading regional financial institution.

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