Press Release brought to you by PCCP, LLC

PCCP, LLC PROVIDES $34 MILLION SENIOR LOAN TO FOUNTAIN SQUARE TO ACQUIRE AND LEASE UP OFFICE COMPLEX IN BOCA RATON, FLO

10/15/2014
New York, NY, October 15, 2014 – PCCP, LLC announced today that it has provided a $34
million senior loan to finance the acquisition and lease‐up of Fountain Square, a three‐building,
Class A office complex totaling 241,000 square feet in Boca Raton, Florida. The purchaser of the property, Fountain Square Owner, LLC, has retained NAI Merin Hunter
Codman, Inc., one of South Florida’s leading commercial real estate firms, to spearhead the
management and leasing of the project. Located at 2600, 2650 and 2700 N Military Trail in the
affluent community of Boca Raton, Palm Beach County’s second largest city and largest office
market, Fountain Square was constructed in phases between 1987 and 1999. It consists of
three, four‐story buildings with 21,000‐ to 25,000‐square‐foot rectangular floor plates that
surround a landscaped central plaza with a fountain.
10/15/2014 - 15:53

Source

PCCP, LLC

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