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EagleBridge Capital has arranged construction\/permanent mortgage financing in the amount of $22 million for a new self storage facility property currently under construction in Redding, Connecticut.”<\/span><\/span><\/span><\/p><\/blockquote>\n
The mortgage financing was arranged by EagleBridge Senior Director Brian Walsh who stated that the loan was provided by a major national bank.<\/span><\/span><\/span><\/p>\n
The self storage facility shall contain 675 fully sprinklered, climate-controlled units ranging in size from 20 to 300+ square feet plus several flex\/industrial units. The facility will offer 24\/7\/365 key card security and gated access security. It will be managed by a major operator of self storage facilities located throughout the United States.<\/span><\/span><\/span><\/p>\n
The property is located on Ethan Allen Highway (Route 7) in Redding on an 8-acre site halfway between Norwalk and Danbury. Route 7 is a major commuter highway with a traffic count of over 25,000 vehicles per day and is within close proximity of Route I-95 and the Merritt Parkway. The town of Redding is situated in Fairfield County, one of the 20 wealthiest counties in the United States.<\/span><\/span><\/span><\/p>\n
EagleBridge Capital is a Boston-based mortgage banking firm with over 25 years of experience in arranging debt and equity financing as well as joint ventures for apartment, industrial, office, and r & d buildings, shopping centers, hotels, condominiums, net leased, self storage, and mixed-use properties as well as special purpose buildings.<\/span><\/span><\/span><\/p>\n