PEBB Enterprises Secures $35 Million Refinancing For Two Boca Raton Office Properties
“This refinancing reflects both the quality of the portfolio assets and continued strength of the Boca Raton office market,” PEBB Enterprises CEO Ian Weiner said.
“This refinancing reflects both the quality of the portfolio assets and continued strength of the Boca Raton office market,” PEBB Enterprises CEO Ian Weiner said.
The new loan replaces a $20 million loan provided by Amerant Bank in 2024.
The lease deal was negotiated by Gordon Messinger of CBRE.
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CBRE’s John Criddle, Joe Freitas and Max Pawk will serve as exclusive leasing agents.
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8333 Downtown Doral’s leasing momentum features a mix of new tenants, renewals and expansions.
CBRE’s Christian Lee, Sean Kelly, Tom Rappa and Matthew Lee represented the seller in the transaction.
Previously based in Brickell, the tenant sought a larger footprint and a standalone building within a central business district to accommodate its growing team and evolving operational needs.
The property, purchased for over $8.5 million, consists of two buildings totaling 35,782 square feet on 3.25 acres.
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