Professional Centre at Gardens Mall
Location: Palm Beach Gardens, FL
Type: Office
Price: $11,000,000
SMC has provided an $11,000,000 ten-year fixed rate mortgage for the acquisition of Professional Centre at Gardens Mall, four separate two-story office buildings totaling 87,894 SF, situated in Palm Beach Gardens, FL. The Property is centrally located in Palm Beach County less than a mile east of I-95, along PGA Boulevard adjacent to The Gardens Mall, an upscale 1.3 million square foot super-regional shopping mall. Completed in 2000 and renovated in 2015, the Property is currently 96.3% occupied and home to thirteen national, regional and local tenants.