Sunday, June 7, 2015

HFF arranges $31 million financing for Aventura Optima Plaza in Aventura, FL


Aventura Optima Plaza, Aventura, FL

MIAMI, FL – Holliday Fenoglio Fowler, L.P. (HFF) announced it has arranged $31 million in financing for Aventura Optima Plaza, a Class A, LEED Platinum-certified, 113,042-square-foot, dual tower office plaza (office and medical office) in Aventura, Florida. 

Jim Dockerty
HFF worked on behalf of the borrower, Inmobiliaria Brom, to secure the 10-year fixed-rate loan through Mercantil Commercebank, one of the largest banks headquartered in Florida with $8.1 billion in assets. Vice president of real estate lending for the bank, Brian Barroso, led the transaction.

Loan proceeds are returning a portion of the borrower’s equity from the all-cash construction of the building, and funding future tenant improvements and leasing commissions. 

Aventura Optima Plaza is located at 21500 Biscayne Boulevard near Interstate 95 in Aventura’s central business district.  Nearby demand drivers include the Aventura Mall, Aventura Hospital, The Village at Gulfstream Park and several new developments, including the highly anticipated mixed-use Park Square project.

Completed in 2013, the property features in-suite balconies, a fitness center with locker rooms, a 20,000-square-foot “Green Roof” facility with an outdoor jogging trail, and a fifth floor “social deck” where tenants can socialize or dine outside. 

 Tenants at the property include Benihana (U.S. Headquarters), Fossil, and Adler Kawa Real Estate Advisors. 

Scott Wadler



The HFF debt placement team representing the borrower was led by managing director Jim Dockerty, associate director Scott Wadler and analyst Marc Roth.

“Aventura Optima Plaza’s success is due to Ariel Bromberg’s masterful combination of the aesthetic and efficient design of the buildings along with their focused hands-on management,” stated Dockerty.  

“The property is one of the finest office addresses in South Florida and is one of only two LEED Platinum buildings in the state of Florida.”

For a complete copy of the company’s news release, please contact:

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

No comments:

Post a Comment