**PEBB Enterprises Secures Refinancing for Two Boca Raton Properties**
PEBB Enterprises has successfully completed refinancing deals for two of its premier assets in Boca Raton, Florida. The firm closed a $16 million refinancing for its Eighteen Zero One office building and a $13.9 million refinancing for the retail-focused Restaurant Row development.
The refinancing of Eighteen Zero One was facilitated by ABANCA USA, while BankUnited provided the loan for Restaurant Row. Tal Bar-or of Lantern Company supported the Eighteen Zero One transaction, and Maxx Carney and Daniel Rosenberg of BWE advised on the Restaurant Row deal.
Eighteen Zero One, located at 1801 N. Military Trail, is a three-story, 61,188-square-foot multi-tenant office property. It boasts one of the highest parking ratios in the area, with 5.43 spaces per 1,000 square feet. Originally built in 1999, the property was acquired by PEBB in 2021 and has since undergone significant improvements, including a full renovation of the building’s lobby.
Restaurant Row is a newly constructed, 22,500-square-foot development adjacent to Town Center at Boca Raton. The upscale dining destination features popular eateries such as El Camino, Motek, Pubbelly Sushi, and Stage Kitchen & Bar.
These refinancing efforts underscore PEBB Enterprises’ continued investment in high-quality retail and office assets in South Florida.
