The Nexus Portfolio

Location: Various, FL
Type: Office
Price: $15,750,000

SMC has provided a $15,750,000 mortgage loan to refinance The Nexus Portfolio, a portfolio of three Class B+ suburban office buildings totaling 128,563 SF located in Lake Worth, West Palm Beach, and Stuart, Florida. The Nexus Portfolio operates as executive suites which were 93% leased to over 350 tenants at the time of closing and the properties cater to small, regional or satellite tenants in need of flexible office space.