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Boston & New England  + Massachusetts  + Finance  |  December 4, 2023
Emily Fu
By: Emily Fu

EagleBridge Capital Arranges $30M Refi for Wilmington Tech Center 

EagleBridge Capital has arranged a $30 million mortgage refinancing for the Ballardvale Technology Center in Wilmington, Massachusetts.  

The complex comprises two flex/R&D buildings covering 211,400 square feet on 15.38 acres, accommodating 756 vehicles. Occupying 95%, it houses 17 diverse tenants spanning air conditioning, biotech, cybersecurity, and law. 

181 Ballardvale Street contains 105,350 square feet and 197 Ballardvale contains 106,050 square feet. Each of the two-story buildings features two glass atrium entries as well as two passenger and two freight elevators. The financing was arranged by EagleBridge principal Ted Sidel. 

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About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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