May 15, 2020 Comments Off on Triarch Capital Secures $35M Refinance for Miami Office Tower Views: 613 Florida News, South Florida, Top Florida

Triarch Capital Secures $35M Refinance for Miami Office Tower

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Triarch Capital Group has secured a $35 million loan to refinance One Turnberry Place, a 137,000-square-foot office building in Miami’s Aventura submarket.

Located at 19495 Biscayne Blvd., the property was built in 1989 and has had a number of capital improvements in recent years. Tenants at the office tower include Bank Leumi, Merrill Lynch, Entertainment Benefits Group and CV Advisors. Amenities include a Chase Bank branch, café and a beauty salon on the ground floor.

Paul Ahmed and Mackenzie Fry of CBRE represented Triarch Capital in the transaction. The lender was a correspondent life insurance company.

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