News: Retail
Posted: April 21, 2011
Sheehan and Sidel of EagleBridge Capital arrange two loans - $2.09 million
EagleBridge Capital has arranged permanent mortgage financing totaling $2.09 million for retail properties located in Connecticut and Rhode Island.
The mortgage financing was arranged by EagleBridge principals Brian Sheehan and Ted Sidel who stated that the loan was provided by a regional financial institution.
In Windham, Conn., EagleBridge arranged permanent financing for the acquisition of a free standing 7,000 s/f building net leased to Advance Auto Parts located at 320 Boston Post Rd. (Rte. 1). Located nearby are Home Depot, Super Walmart, Ruby Tuesday's, Wendy's and numerous other retailers. Advance Auto Parts is a leading automotive aftermarket retailer of parts, accessories, batteries, and maintenance items which serves both the do-it-yourself and professional installer markets.
In North Kingstown, R.I., Eagle-Bridge arranged mortgage financing for the 4,850 s/f AT&T Plaza located at 6070 Post Rd. (Rte. 6). The building is leased to AT&T Wireless and Great Harvest Bread Company. Other stores and restaurants located in the immediate area include TJ Maxx, HomeGoods, McDonalds, and CVS.
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