The Real Deal Miami

Kendall office park refinanced with $14M loan

Six buildings in office park covered by loan

December 01, 2014 03:45PM

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Dadeland West Executive Park in Kendall

Dadeland West Executive Park in Kendall

A group of buildings at Miami’s Dadeland West Executive Park has been refinanced by Starwood Mortgage Capital.

The 10-year, $14 million loan is partial interest-only and was originated by CBRE Debt & Structured Finance on behalf of The Green Companies, according to a published report. 

The refinancing covers six of the nine buildings at the executive park, located at 10625-10691 North Kendall Drive, GlobeSt.com reports.

Spanning 109,469 square feet, the six buildings were developed by The Green Companies from 1979 to 1982. The property has 121 tenants, according to GlobeSt.com. [GlobeSt.com]Chris Guanche

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