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Sherin and Lodgen represents Boston Private Bank & Trust Company in financing for property in Andover, MA

November 6, 2019

Sherin and Lodgen represented Boston Private Bank and Trust Company as lender in the $17.2 million financing for the acquisition of a commercial property located at 160 Dascomb Road in Andover, MA. The 125,000 square foot multi-tenant building is currently home to Lockheed Martin Corporation, a worldwide aerospace defense and advanced technology company, and includes warehouse and lab space. The borrower is NBI Dascomb, LLC. Boston Private was led by Drew Garfinkle, Senior Vice President of Commercial Real Estate.

The Sherin and Lodgen team was led by Gary M. Markoff, real estate and corporate partner, and Donna Haskins, real estate paralegal.  S&L’s commercial finance team represents lenders and borrowers on construction and term real estate loans, commercial loans, mezzanine loans, multi-state portfolio loans, syndications and participations, and CMBS loans.

Boston Private brings together a full spectrum of wealth, trust and banking services to give customers the one trusted resource they need to simplify and strengthen their financial life.