$6M Mortgage for 33 Broad St in Boston
33 Broad Associates has secured permanent mortgage financing in the amount of $6 million for 33 Broad Street in Boston, Mass.
The mortgage financing was arranged by EagleBridge principals Ted. M. Sidel and Brian D. Sheehan.
33 Broad Street is an 11-story 40,500 square foot office building located in Boston’s Financial District. The property has been completely updated and is served by three elevators.
33 Broad Street was constructed in 1904. The building is currently 100 percent leased.
State Street Eye Health and Expresso Love occupy the first floor retail space. The upper floors are occupied by 18 office tenants including law firms, accountants, consultants, foundations, financial advisors, real estate developers, mortgage bankers, and money managers.
The building style is early Twentieth Century Renaissance Revival and is included in the National Register of Historic Places as part of the Custom House District. 33 Broad Street was designed by the architectural firm of its day, Shepley Rutan and Coolidge, the predecessor of the noted architectural firm Shepley Bullfinch Richardson and Abbott.
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