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| 3001 PGA Boulevard Boutique Office Building Palm Beach Gardens, FL |
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| Hermen Rodriguez |
The HFF
team represented the seller, GLL Real Estate Partners, and procured the buyer,
Owens Realty Capital.
Additionally, HFF worked on behalf of Owens Realty Capital to identify a joint venture equity partner in Galium Capital, for the acquisition of the property. Working on behalf of the partnership, HFF also arranged a seven-year, fixed-rate acquisition loan through Regions Bank.
Additionally, HFF worked on behalf of Owens Realty Capital to identify a joint venture equity partner in Galium Capital, for the acquisition of the property. Working on behalf of the partnership, HFF also arranged a seven-year, fixed-rate acquisition loan through Regions Bank.
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| Tracey Goo |
Completed
in 2006, 3001 PGA Boulevard features institutional-quality construction and
finishes, classical Mediterranean revival-style architecture, wrought iron
balcony accents and a grande porte cochère at the building’s entrance.
The property is 95 percent leased to tenants, including Nason, Yeager; Seacoast
National Bank; McNicholas & Associates and TEKsystems, among others.
The three-story asset fronts PGA Boulevard, which has a daily traffic count of more than 41,000 vehicles and is an outparcel of The Gardens Mall, which features upscale retailers such as Saks Fifth Avenue, Nordstrom and Bloomingdales.
3001 PGA Boulevard is situated within an amenity-rich location close to Downtown at the Gardens, PGA Place, Legacy Place and the affluent waterfront and golf communities of Lost Tree Village, Seminole Golf Club and Ballen Isles.
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| Ike Ojala |
The three-story asset fronts PGA Boulevard, which has a daily traffic count of more than 41,000 vehicles and is an outparcel of The Gardens Mall, which features upscale retailers such as Saks Fifth Avenue, Nordstrom and Bloomingdales.
3001 PGA Boulevard is situated within an amenity-rich location close to Downtown at the Gardens, PGA Place, Legacy Place and the affluent waterfront and golf communities of Lost Tree Village, Seminole Golf Club and Ballen Isles.
The HFF
investment advisory team representing the seller included senior managing
director Hermen Rodriguez, senior director Ike Ojala and director
Tracey Goo.
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| Rebecca Van Reken |
The HFF
debt and equity placement team representing the buyer included senior managing
director Michael Weinberg and managing director Rebecca Van Reken.
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| Michael Weinberg |
HERMEN
RODRIGUEZ
FL Lic.
#SL3018820
HFF
Senior Managing Director
(305)
448-1333
IKE
OJALA
HFF
Senior Director
(305)
448-1333
MICHAEL
WEINBERG
HFF
Senior Managing Director
(407)
745-3900
KRISTEN MURPHY
HFF Director, Public Relations
(617) 338-0990
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