Boston, MA, Dec. 9, 2010-- EagleBridge Capital has arranged permanent mortgage financing in the amount of $2,000,000 for the acquisition of the Rite Aid Pharmacy (top left photo) located in Mansfield, Massachusetts. The mortgage financing was arranged by EagleBridge principals Ted M. Sidel (middle right photo) and Brian D. Sheehan (middle left photo) who stated that the loan was provided by a leading commercial bank.
Mr. Sidel and Mr. Sheehan stated, “We are pleased that EagleBridge was able to arrange financing within a very short closing window and provide permanent mortgage at a very competitive rate.”
The Rite Aid Pharmacy is located at 243 Chauncy Street (Route 106) near the intersection of Route 140.
The free standing building contains 13,500 square feet and is situated on a 1.25 acre parcel. The Rite Aid features a drive thru for pick up of prescriptions. The exterior façade is clapboard and shingles.
EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for shopping centers, free standing retail buildings, apartments, office, industrial, and r & d buildings, hotels, condominiums, and mixed use properties as well as special purpose buildings.
Contact:
Ted Sidel, (617) 292-7177, Ext. 10
33 Broad St., Boston,, MA 02109; FAX: 617.292.7575
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