News: Financial Digest
Posted: September 14, 2018
Sidel and Sheehan of EagleBridge Capital place $14 million mortgage for One United Dr., a 315,000 s/f, manufacturing/distribution building
West Bridgewater, MA EagleBridge Capital, working exclusively on behalf of its client, has arranged permanent mortgage financing in the amount of $14 million for One United Dr.
The mortgage 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.
One United Dr. is a 315,000 s/f, manufacturing/distribution building comprised of 30,000 s/f of office space and 285,000 s/f of manufacturing and distribution space on a 29.86 acre site. Clear heights in the manufacturing/distribution portion of the building range from 22’ to 25’. There are 40 loading docks. Parking is available for 327 vehicles.
The building is energy efficient with a 2,144 kW rooftop solar installation covering the entire roof. It is one of the largest rooftop solar industrial building installations in New England.
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.
One United Dr. is the home of Cheer Pack North America (CPNA). Cheer Pack North America is the leading developer and manufacturer of proprietary spouted pouches and packaging equipment for the food and beverage industry. Its products are used in in the packaging of baby food, children’s snacks, dressings, condiments, beverages, refrigerated dairy, pet food, lotions, sunscreens, household cleaners and other food and non-food items.
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