Sheehan and Sidel of EagleBridge Capital arrange $3.8 million in financing

EagleBridge Capital, working exclusively on behalf of its client, has arranged long term financing in the amount of $3.8 million for a 2,144 kW rooftop solar installation for One United Dr., a 315,000 s/f manufacturing/distribution building. The financing was arranged by EagleBridge principals Brian Sheehan and Ted Sidel who stated that the loan was provided by a leading Massachusetts based financial institution. EagleBridge Capital has arranged over $25 million in solar energy financing for a diverse range of properties including office and industrial buildings, schools, and municipal buildings. Sheehan and Sidel said, "We have developed an expertise in the financing of solar energy projects. Few, if any, financing professionals have arranged financing for as many projects as we have". Previously, EagleBridge had arranged $10.075 million in permanent mortgage financing for One United Dr. whose major tenants include Cheer Pack North America which occupies 187,500 s/f and Federal Express which occupies 88,500 s/f. Cheer Pack North America is a leading developer and manufacturer of proprietary spouted pouch packaging for the food and beverage industry. One United Drive serves a regional distribution center for FedEx Ground. EagleBridge Capital is a Boston-based mortgage banking firm specializing in arranging debt and equity financing as well as joint ventures for industrial, office, and R & D buildings, shopping centers, apartments, hotels, condominiums and mixed use properties as well as special purpose buildings and solar installations.