Rockland Trust provides $15 Million in Financing for Brickman Transaction in Boston’s Financial District

Rockland – July 20, 2015 – Rockland Trust today announced it has financed a $15.5 million transaction for real estate private equity firm Brickman. The funding will go towards the acquisition and re-positioning of 186 Lincoln Street, a nine-story, 68,526 square-foot office building in the heart of the South Station sub-market.

“Rockland Trust is excited to support Brickman on a project that will offer quality office space in a busy downtown market,” said Rick Muraida, First Vice President and Senior Commercial Banker at Rockland Trust. “This transaction reflects our ongoing commitment to be the bank to which businesses and the Boston real estate industry turns.”

Brickman has more than 20 years of experience investing in real estate debt and equity. The firm has invested over $3.6 billion of total capital in 86 real estate transactions throughout the U.S. In total, Brickman’s portfolio of realized and unrealized investment has included more than 2.8 million square-feet of real estate in the Boston area.

“We are very pleased to have worked with Rockland Trust and CBRE on 186 Lincoln Street,” said Bruce Brickman, Principal and Co-founder of Brickman. “We are happy to continue expanding our footprint in Boston and enhance the working environment in the heart of the city.”

Rockland Trust’s Commercial Banking Group has more than 50 commercial lenders and 11 lending centers throughout Massachusetts and Rhode Island. With a lending capacity up to $100 million, the Commercial Banking Team has broad experience in areas such as asset based lending, commercial real estate, construction and land development, equipment financing, commercial mortgages, and low income housing loans. In addition, the team can meet all the financial needs of its customers with additional services such as business deposit products, merchant and foreign exchange services, and cash management services.

About Rockland Trust

Independent Bank Corp. has approximately $7.2 billion in assets and is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust offers a wide range of banking, investment, and insurance services to businesses and individuals through retail branches, commercial lending offices, investment management offices, and residential lending centers located in Eastern Massachusetts and Rhode Island, as well as through telephone banking, mobile banking, and the Internet. Rockland Trust, which was named to the Sandler 2014 Sm-All Stars list of top performing small-cap banks and thrifts in the country, is an FDIC Member and an Equal Housing Lender. To find out why Rockland Trust is the bank “Where Each Relationship Matters® ”, please visit

About Brickman

Brickman is a real estate private equity firm with 20 years of experience investing in real estate debt and equity. The firm has invested more than $3.6 billion of total capital in more than 86 real estate transactions throughout the United States. Brickman owns, manages and develops real estate in-house. The firm is able to bring operational, management and market expertise to the acquisition and origination of middle-market debt and equity investment opportunities. Brickman's experienced leadership and team members have worked together for more than 12 years. Through its investment funds, the firm owns and manages over 3.2 million square feet of office and residential real estate.