Northmarq Arranges $43M Refinancing of Office Campus in Palm Beach Gardens, Florida
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Northmarq Arranges $43M Refinancing of Office Campus in Palm Beach Gardens, Florida
PALM BEACH GARDENS, FLA. — Northmarq has arranged the $43 million refinancing for Oakbrook Center, a three-building, 243,350-square-foot office campus located at 11760, 11770 and 11780 U.S. Highway 1 in Palm Beach Gardens. Deutsche Bank provided the five-year CMBS loan to the borrower, a joint venture between MHCommercial Real Estate Fund and Waterfall Asset Management. Built in 1985, Oakbrook Center is situated on 11.4 acres in South Florida’s …
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