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SALEM, NH-Permanent financing of $44.6 million was nailed down for a portfolio of 10 office and industrial properties located in northern Massachusetts and southern New Hampshire. KeyBank Real Estate Capital, a subsidiary of KeyCorp., secured the loan for Brooks Properties.

Terms of the non-recourse, CMBS loan include a 10-year term and 30-year amortization schedule. Eric Brooks, principal of Brooks Properties, says he was pleased with KeyBank’s ability to provide a “breadth of long-term and short-term solutions, as well as floating-rate and fixed-rate options.”

The properties involved include: 4 Northeastern Blvd. in Salem, NH, a three-story office building consisting of 52,500 sf; 596 Lowell St. in Methuen, MA, a single story industrial building consisting of 80,000 sf; 8 A-E Industrial Way in Salem, NH, five single-story flex buildings consisting of 158,225 sf; 1-9 Powers St. in Lawrence, MA, a four building single-story flex/industrial complex consisting of 38,600 sf; and One Hampton Rd. in Exeter, NH, a three-story office building consisting of 82,956 sf.

Others include One Branch St. in Methuen, MA, a two-story office building consisting of 12,994 sf; 13 Branch St. in Methuen, MA, a single-story office building with consisting of 78,516 sf; 90 Glenn St. in Lawrence, MA, a single-story industrial building consisting of 36,000 sf; 94-104 Glenn St. in Lawrence, MA, a single-story industrial building consisting of 207,000 sf; and 7-11 Ballard Way in Lawrence, MA, a single-story 20,500 sf flex building.

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