Wachovia Plaza Picks Up $14M in Refinancing

BOCA RATON, FL-The 102,309-sf, class A office complex here obtained the financing through Principal Global Investors, a portfolio lender and life company. The refinancing was arranged by Holliday Fenoglio Fowler LP.

By Melissa Bogdany | September 17, 2003 at 01:01 AM

Senior director Todd Armstrong of the Dallas office of Holliday Fenoglio Fowler LP secured the refinancing on behalf of Real Estate Capital Partners.

Wachovia Plaza, in southeast Palm Beach County, consists of a two-story office building, an adjacent seven-story office tower and a six-story, 595-space parking structure. The plaza is 91% occupied. It is located on the west side of Federal Highway at the intersection of Camino Real Boulevard, in the middle of the city's central business district.

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