Sunday, January 23, 2011

EagleBridge Capital Arranges Mortgage for Dollar Tree Plaza in New Hampshire

Boston, MA--EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2,480,000 for Dollar Tree Plaza (top left photo) located in North Hampton, New Hampshire. 

The mortgage financing was arranged by EagleBridge principals Ted M. Sidel (middle right photo) and Brian D. Sheehan (lower left photo) who stated that the loan was provided by a regional financial institution.

Dollar Tree Plaza is a 21,000 square foot shopping center situated at 26 Lafayette Road in North Hampton (Route 1). 

The Plaza was completed in 2008 and is composed of 18,000 square feet of in-line retail space and a free standing bank with a drive through.   The Plaza is located in located in a thriving retail area.  Located nearby are Home Depot, Shaw’s Supermarket, Marshall’s, and a host of other retailers.

The roster of tenants includes Dollar Tree which occupies 10,000 square feet, AutoZone  which occupies 8,000 square feet, and Optima Bank and Trust with 3000 square feet. Dollar Tree operates over 3800 discount variety stores in the United States. 

AutoZone is a specialty retailer and distributor of automobile replacement parts and accessories with over 4400 locations in the United States, Puerto Rico, and Mexico.  Optima Bank and Trust is a local bank serving the Seacoast Area.

Mr. Sidel and Mr. Sheehan stated, “We are pleased that EagleBridge was able to structure and deliver a mortgage which met all of our client’s requirements.”

EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for shopping centers, condominiums, apartments, office, industrial, r & d buildings, hotels and mixed use properties as well as special purpose buildings

Contact: Ted Sidel, (617) 292-7177, EXT. 10,