ServisFirst Bank Provides $21.8M Loan For Office Property In New Port Richey

The office property located at 9332 State Road 54 in New Port Richey has been involved in a recent transaction. Spanning over 86,770 square feet on a 55-acre plot, this property captures attention with its impressive size and potential.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $21,800,000
• Date: 01/22/2021
• Market: New Port Richey
• Lender: ServisFirst Bank
• Landlord: Onicx Development - Dhvanit Patel
• Broker: Bryan Brown - Berkadia

The loan involved in this transaction was provided by ServisFirst Bank, amounting to $21,800,000. The loan terms include a fixed rate and a five-year duration, ensuring stability and predictability for the parties involved.