Boston, MA: EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $8,800,000 for shopping centers located in Nashua, New Hampshire and Springfield, Massachusetts.
The mortgage financing was provided by a leading national CMBS lender. The non-recourse, mortgage features an attractive fixed rate, 10 year term, and 30 year amortization.
341-348 Amherst Street in Nashua, New Hampshire, is a 29,935 square foot shopping center located on Route 101A near the Route 3 (Everett Turnpike) Interchange. The center is leased to 12 tenants including Five Guys, Orange Leaf, Great Clips, N.E. Auto Finance, Tilted Kilt, Orange Theory, and Cricket Communications. Located nearby is Somerset Plaza anchored by Market Basket, the Nashua Crown Plaza Hotel, and a number of retailers, restaurants, office buildings, and apartments.
473-479 Sumner Avenue in Springfield, Massachusetts, is a 21,150 square foot retail center located on Route 83. The tenants include Goodwill Shoppes, MercyCare (Mercy Hospital) which offers urgent non-emergency medical care, and International Mart, an Asian food grocery store.
EagleBridge Capital specializes in Debt and JV-Equity placement for all asset classes of commercial real estate. The firm’s Principals have more than 40 years of experience within the industry and a network of more than 850 capital sources which extend throughout the United States and internationally. The firm’s capital sources include Banks, Life Companies, Debt Funds, CMBS, Advisors, Agency, Finance Companies, Private Lenders & JV Equity providers. As a single point of contact, EagleBridge Capital navigates this ever-changing landscape of capital sources on behalf of its clients to advise, facilitate and deliver the most competitive financing terms available within the marketplace.
EagleBridge Capital is a Member of CRECA (Commercial Real Estate Capital Advisors). CRECA is a network of independently owned CRE Finance firms with an average annual production volume of $1.0 Billion +.