$3,740,000 Acquisition Loan Secured for Office Property in Palm Beach Gardens, FL
Mar 31, 2026 Bank
Deal Summary
City National Bank of Florida recorded a $3,740,000 mortgage on a 17,000 square foot office building at 2700 PGA Boulevard in Palm Beach Gardens. The loan was executed March 31, 2026 and recorded April 6, 2026 in Palm Beach County under document 119276 (APN 52-43-42-05-00-000-7060). County records list the owner as Pbg Atrium Llc.
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Transaction Details
- Closing Date
- Mar 31, 2026
- Loan Amount
- $3,740,000
- Loan Type
- Bank
- Loan Purpose
- Acquisition
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 2700 Pga Blvd
- City, State
- Palm Beach Gardens, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 17,644 sq ft
- Lot Size
- 45,096 sq ft (1.04 ac)
- Year Built
- 1984
- Year Renovated
- 1995
- Stories
- 2
- Buildings
- 1
- Zoning
- CG1
- Subtype
- Office Building
- Floor Area Ratio
- 0.39
Sale History
Last sold for $3,750,000 on Mar 31, 2026. Prior owner GJR INC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 6, 2026 | CITY NAT'L BK/FL | $3,740,000 | Mortgage | CONVENTIONAL |
| Sep 16, 2002 | Private party lender | $200,000 | Mortgage | PRIVATE PARTY LENDER |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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Transaction details are compiled from public announcements, press releases, industry reporting, or information submitted by parties to the transaction, and have not been independently verified by LoanList CRE. Terms shown may be approximate. Nothing on this page constitutes a quote, offer, or guarantee of financing terms. Full disclaimer.