Sheehan and Sidel of EagleBridge Capital place $2.55 million financing

21 Hyde Road - Farmington, CT

Farmington, CT EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $2.55 million for 21 Hyde Rd.

The mortgage financing was arranged by EagleBridge principals Brian Sheehan and Ted Sidel who stated that the loan was provided by a leading Connecticut based financial institution.

21 Hyde Rd. is a 113,425 s/f, warehouse/distribution building comprised of 6,500 s/f of office space and 106,925 s/f warehouse and distribution space. Clear heights in the warehouse /distribution portion of the building range from 24’ to 30’clear height. There are 10 loading docks. Parking is available for 190 vehicles.

Brian Sheehan, EagleBridge Capital

Ted Sidel, EagleBridge Capital

The building is net leased to Dealer Tire, a national tire, maintenance, and light repair product distribution company that partners with major automobile manufacturers including Audi, BMW, Chrysler, Dodge, Ford, Infiniti, Jaguar, Jeep, Kia, Land Rover, Nissan, Mercedes-Benz, Jaguar, Land Rover, Tesla, Volswagen, and Volvo to create replacement tire, maintenance, and light repair programs for their dealers.

21 Hyde Rd. is part of a three unit, 328,000 s/f, industrial condominium building in the Farmington Corporate Industrial Park and is easily accessible to Rte. 6 which provides access to Rte. I-84 approximately 3.5 miles east of the property.

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.