FINANCED
Cushman & Wakefield Arranges $18M Loan On Boca Raton Office Building
1499 Palmetto Place
Office
269,000 SF
269,000 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Office
269,000 sqft
1499 Palmetto Place, an office property located in Boca Raton, was involved in a closed transaction on March 18, 2021. The property spans across 269,000 square feet and is owned by Grover Corlew.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $18,000,000
- Market: Boca Raton
The loan for this transaction was provided by Grant Street, a fixed-rate, non-recourse loan. Cushman & Wakefield represented both parties in the deal, with Jason Hochman, Mike Ciadella, and Ron Granite serving as the brokers.
Players
All
5
Agents
3
Agencies
2
Details
FINANCED
IMAGE: Ron Granite, Jason Hochman & Mike Ciadella
DATE: 03/18/2021
ADDRESS: 1499 Palmetto Place
MARKET: Boca Raton
ASSET TYPE: Office
LENDER: Grant Street
LANDLORD: Grover Corlew
BROKERS: Jason Hochman, Mike Ciadella & Ron Granite - Cushman & Wakefield
LOAN AMOUNT: $18,000,000
LOAN TERMS: fixed-rate, non-recourse loan
SF: 269,000View on map
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Address1499 Palmetto Place
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