FORT LAUDERDALE, FL—Getting office leases done may be a challenge in a market where demand outpaces supply. But getting lenders on board to finance retail projects is not nearly as difficult as it was a few years ago.

Lake Shore Plaza II, a 128,470-square-foot, class A office property in Sunrise, FL, just secured $16 million in financing. Acting on behalf of an institutional investor, HFF worked to helped Cornerstone Real Estate Advisers secure loan. HFF placed the 10-year, fixed-rate loan with a life insurance company.

“We continue to see strong lender interest in high quality suburban office assets in South Florida,” HFF associate director Jorge Portela, tells GlobeSt.com. He worked with HFF managing director Elliott Throne and senior managing director Dana Brome on the deal. “The excellent sponsorship combined with the high quality rent roll provided the borrower with very attractive financing alternatives.”

Located at 1300 Concord Terrace, Lake Shore Plaza II is in the Sawgrass International Corporate Park close to the Sawgrass Expressway, Interstates 75 and 595, and the Sawgrass Mills Mall in Broward County. The five-story property was built in 2008 and is 97.5% leased.

Tenants include New York Life, Emerson Electric, T-Mobile, GMMI, and Oracle. Lake Shore Plaza II was the first multi-tenant office building in South Florida to receive LEED Silver certification.