BOSTON– EagleBridge Capital has arranged mortgage financing in the amount of $8.612,000 for the Chelmsford Medical and Surgical Center on behalf of the Vazza Real Estate Group. The facility is located at 321 Billerica Road in Chelmsford, Massachusetts.
The mortgage financing was arranged by EagleBridge principal Ted Sidel who stated that the loan was provided by a leading financial institution.
The Chelmsford Medical and Surgical Center is a two-story medical office building containing 72,050 square feet situated on 4.93 acres with parking for 245 vehicles. The building features a large glass atrium entry opening onto a two-story lobby. Tenants include AMD Global Telemedicine, the West Suburban Eye Surgery Center, Columbia Care, and OfficeLink.
The property is conveniently located on Billerica Road (Route 129) just off Route 3, a major north-south highway, which connects to Route I-495 and the Lowell Connector about 1 mile to the north. It is situated in the heart of the Route 129 Office Park and Industrial Corridor. The immediate neighborhood is home to office parks, corporate facilities, and technology, software, and medical device related businesses.