EagleBridge Capital Arranges $38M Debt and Equity Financing for Office/R&D Complex

BOSTON – EagleBridge Capital has arranged a $38,000,000 mortgage financing and equity financing for 181 and 187 Ballardvale Street, an office/R&D complex located in Wilmington, Massachusetts.

Funding was arranged by EagleBridge director Ted Sidel and director Brian Walsh.

The complex is comprised of two office/R&D buildings totaling 210,945 square feet located on 15.38 acres with parking for 756 vehicles. 181 Ballardvale Street contains 105,394 square feet and 197 Ballardvale contains 105,541 square feet. Each of the two-story buildings features two large glass atrium entrances as well as two passenger and two freight elevators.

The property is conveniently located one mile from the 39 and 40 interchanges of I-93. The immediate neighborhood is home to corporate offices and facilities as well as technology, software, manufacturing, and life science companies. Located within walking distance along Ballardvale Street you will find many shops and restaurants including Target, CVS, Starbucks, Dunkin Donuts, Subway, Pizza Hut, etc.

Nearby companies include OSRAM, Agfa, Verizon, Charles River Laboratories, L3 Harris, Roche, Gillette, National Grid, Symbotic Robotics, Spectra Medical Devices and Panasonic.

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Carol M. Barragan