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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.