Grover Corlew Completes $61 Million Refinancing of Palmetto Park City Center and Bank of America Tower in Boca Raton

Grover Corlew Obtains $61M Refinancing for Two Adjacent Office Properties in Downtown Boca Raton

BOCA RATON, FLA. — Grover Corlew has obtained a $61 million CMBS loan from Wells Fargo for the refinancing of two adjacent office properties in downtown Boca Raton. The assets include Palmetto Park City Center at 120 E. Palmetto Park Road and Bank of America Tower at 150 E. Palmetto Park Road. Both properties are nearing full occupancy and have the highest lease rates among comparable office buildings in Boca Raton, according to Grover Corlew. T…

Grover Corlew Completes $61 Million Refinancing of Palmetto Park City Center and Bank of America Tower in Boca Raton

Real estate investment management firm invests $16 million to revitalize iconic office buildings at 120 and 150  East Palmetto Park Road. Grover Corlew, a South Florida-based real estate investment management group specializing in the acquisition, transformation and management of office, multifamily and retail assets, has completed a $61 million refinancing of two premier office properties in downtown Boca Raton, Palmetto Park City Center and th…