COLLIERS ARRANGES $5.6M LOAN FOR 35 SOUTH STREET IN HOPKINTON

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HOPKINTON, MASS. — Colliers International has arranged a $5.6 million loan for the refinancing of a 69,000-square-foot flex building in Hopkinton, a western suburb of Boston. Colliers worked on behalf of the borrower, BCC Property I LLC, to refinance the maturing loan on the single-story building with a 10-year, fixed-rate loan through Northway Bank. Situated on seven acres, the fully leased property was last renovated in 2002. Ryan Bradley and Brian Gaswirth of the Boston office of Colliers’ capital markets group arranged the loan.

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