Eastern Bank Provides $14M Acquisition Loan For Industrial Property In Lowell, MA

122 Western Avenue

Industrial

240,000 SF

Financed 1 year ago

Summary

Loan

MASSACHUSETTS

Industrial

240,000 sqft

An industrial property located at 122 Western Ave in Lowell, MA has been recently involved in a closed transaction. This property spans approximately 240,000 square feet and falls within the industrial asset type category.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $14,000,000
Loan Type: Acquisition

The loan for this transaction was provided by Eastern Bank with Pamela Feingold serving as the lender's representative. The Arts & Business Council of Greater Boston, represented by Jim Grace, acted as the landlord.

Players

All
1

Lenders
1

Eastern Bank

Details

Deal Summary

FINANCED

IMAGE: Pamela Feingold & Jim Grace DATE: 06/20/2022 ADDRESS: 122 Western Ave MARKET: Lowell, MA ASSET TYPE: Industrial ~ SF: 240,000 LENDER: Eastern Bank (@EasternBank) - Pamela Feingold LANDLORD: Arts & Business Council of Greater Boston (@ABCGreaterBoston) - Jim Grace LOAN AMOUNT: $14,000,000 LOAN TYPE: Acquisition

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Address122 Western Avenue

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