EagleBridge Capital Facilitates $30M Refinancing for Wilmington Tech Center

EagleBridge Capital Facilitates $30M Refinancing for Wilmington Tech Center

EagleBridge Capital has successfully secured a $30 million mortgage refinancing deal for the Ballardvale Technology Center located in Wilmington, Massachusetts. The impressive complex spans 211,400 square feet and sits on 15.38 acres of land with ample parking space for up to 756 vehicles. Currently at full occupancy with a diverse mix of tenants including those in air conditioning, biotech, cybersecurity and law industries.

The two buildings within the complex are both flex/R&D structures; one covering an area of 105,350 square feet while the other covers an area of 106,050 square feet. Each building boasts two glass atrium entries as well as passenger and freight elevators to ensure smooth accessibility throughout.

This successful financing was arranged by EagleBridge’s principal Ted Sidel who expertly navigated this transaction on behalf of their client.

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