JLL Capital Markets has arranged a $16.65 million refinancing for Courthouse Commons, an 85,660-square-foot office building in West Palm Beach, FL. On behalf of the borrower FoxRock Properties, JLL secured the five-year fixed rate loan through Rockland Trust Company – a regional bank based in New England.
Courthouse Commons is located at 444 W Railroad Ave and is connected to the West Palm Beach County Courthouse via skywalk as well as adjacent to City Hall with convenient access to North Dixie Highway and Interstate 95 plus Palm Beach International Airport nearby. The property boasts six tenants including Department of Homeland Security and Granite Telecommunications across its five stories with a grand lobby plus attached six story parking garage included onsite too.
The JLL Capital Markets team representing FoxRock Properties was led by Senior Director Jonathan Schneider who successfully concluded this financing deal for all parties involved..
