One Clearlake
WEST PALM BEACH, FL—JLL Capital Markets arranged $39 million infinancing for One Clearlake, a 221,079-square-foot, Class A officetower in West Palm Beach, Florida. The borrower is a joint venturebetween Velocis and CREC Capital. The loan was secured throughPrime Finance. The joint venture purchased the building in 2017. Itwas constructed in 1986.
Maxx Carney, JLL director, tells GlobeSt.com that a recentmulti-million-dollar transformative renovation of the building'slobby gives it a modern look.
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