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

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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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Financing
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