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

Lake Shore Plaza II, a 128,470-square-foot, class Aoffice property in Sunrise, FL, just secured $16 millionin financing. Acting on behalf of an institutional investor,HFF worked to helped Cornerstone RealEstate 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 qualitysuburban office assets in South Florida,” HFF associate directorJorge Portela, tells GlobeSt.com. He worked withHFF managing director Elliott Throne and seniormanaging director Dana Brome on the deal. “Theexcellent sponsorship combined with the high quality rent rollprovided the borrower with very attractive financingalternatives.”