Search
 

New Office Development Wins $75M Construction Loan

“Vacancies are razor thin, as available space has been largely leased up.”

By Jennifer LeClaire | Updated on December 21, 2017

Brett Forman, president and CEO of Trez Forman Brett Forman, president and CEO of Trez Forman

MIAMI—Trez Forman Capital Group completed a $74.8 million construction loan to Dallas-based developer Lincoln Property Co. for the 26-story Church Street Plaza project planned for Downtown Orlando. The transaction brings the lender’s 2017 closed transaction volume to more than $220 million.

Church Street Plaza’s plans call for 200,000 square feet of new class A office space, a ground-floor restaurant and bar-lounge area to be located on the Sky Terrace—a parking garage with a Grand Central Station-inspired lobby that will connect to the Church Street Station SunRail stop. The project site is located on the northeast corner of South Garland Avenue and West South Street.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.