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Redding Self-Storage Facility Lands $22M in Construction Financing 

EagleBridge Capital, a Boston-based mortgage banking firm, has secured construction financing of $22 million for a new self-storage facility in Redding, Connecticut.  

The facility, currently under construction, will feature 675 units of various sizes, as well as flex/industrial units. It will be equipped with 24/7 key card security and gated access. The property is situated on an 8-acre site on Ethan Allen Highway (Route 7). The location offers access to Route I-95 and Merritt Parkway.

EagleBridge’s Brian Walsh arranged the financing through a national bank.  

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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.