One Clearlake
WEST PALM BEACH, FL—JLL Capital Markets arranged $39 million in financing for One Clearlake, a 221,079-square-foot, Class A office tower in West Palm Beach, Florida. The borrower is a joint venture between Velocis and CREC Capital. The loan was secured through Prime Finance. The joint venture purchased the building in 2017. It was constructed in 1986.
Maxx Carney, JLL director, tells GlobeSt.com that a recent multi-million-dollar transformative renovation of the building's lobby gives it a modern look.
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