Boston– EagleBridge Capital has arranged acquisition/permanent mortgage financing in the amount of $2,120,000 for the future home of Yankee Trader Seafood which will be expanding to 80 Sharp Street in Hingham, Massachusetts.
The mortgage financing was arranged by EagleBridge principal Ted. M. Sidel who stated that the loan was provided by a leading Massachusetts thrift institution.
Yankee Trader Seafood, founded in 1994 is a women-owned minority-based company which prepares and sells a wide variety of frozen prepackaged seafood dinner meals, fishcakes, and appetizers which are sold nationally through over 3000 grocery and club stores across the United States including Costco, Market Basket, Stop & Shop, Albertsons, Kroger, Price Chopper, Hannaford, and Shaws.
Yankee Trader Seafood products include scallop casseroles, shrimp scampi, stuffed salmon, crab cakes, lobster cakes, fish cakes, spring rolls, rangoons, scallops wrapped in bacon, and a wide variety of shrimp appetizers.
80 Sharp Street is a 23,600 square foot industrial building on a 2 acre site within 2 miles of Route 3, a major north/south access route to Boston and Route 128. The building will be fully renovated.