News: Financial Digest
Posted: April 8, 2009
Hegenbart of NorthMarq Capital arranges $2 million mortgage financing for EB Realty
Joseph Hegenbart, managing director of NorthMarq Capital, Inc's Boston regional office, arranged mortgage financing of $2 million for 33 Union Ave.
The loan was arranged for the borrower, EB Realty, LLC, by NorthMarq through its relationship with Digital Federal Credit Union.
An industrial building containing 117,000 s/f, 33 Union Ave. is leased to Staples Contract and Commercial Inc. The building has 87,000 s/f of distribution and 30,000 s/f of office space.
The property is located in Chiswick Park, which is situated on Route 20, 6 miles west of Interstate 95/128 and 7 miles east of I-495.
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