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EagleBridge Capital Secures $30M Loan For Ballardvale Technology Center
FINANCED
$30,000,000
Massachusetts
See Similar DealsMixed-use422,800 SF
Financed
FINANCED
EagleBridge Capital Secures $30M Loan For Ballardvale Technology Center
181 Ballardvale Street
See Similar DealsMixed-use422,800 SF
Financed
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$71
Total Square Footage:422800 SF
Transaction Type:Loan
The Ballardvale Technology Center, a versatile flex/R&D/office complex located at 181 and 187 Ballardvale St in Wilmington, MA, has secured $30 million in mortgage refinancing. The property spans approximately 211,400 square feet and features a mixed-use layout.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $30,000,000
- Address: 181 & 187 Ballardvale Street, Wilmington, MA
- Market: Wilmington, MA
- Asset Type: Mixed-use
- Size: 211,400 square feet
EagleBridge Capital, represented by Ted Sidel, successfully facilitated the $30 million mortgage refinancing for the Ballardvale Technology Center. The transaction represents a significant accomplishment for the involved parties.
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Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$30,000,000.00
Monthly NOI$200,000.00
Monthly Debt Service$189,620.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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