$7,925,000 Financing Secured for Office Property in Palm Beach Gardens, FL
Mar 31, 2026 Bank
Deal Summary
Regions Bank recorded a $7,925,000 mortgage on an 80,000 square foot office building at 4450 PGA Boulevard in Palm Beach Gardens. The loan was executed March 31, 2026 and recorded April 2, 2026 in Palm Beach County under document 116773 (APN 52-42-42-12-00-000-1020). County records list the owner as Pga Office Llc.
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Transaction Details
- Closing Date
- Mar 31, 2026
- Loan Amount
- $7,925,000
- Loan Type
- Bank
- Capital Type
- Senior Debt
- Asset Type
- Office
- Source
- County record
Property
- Address
- 4450 Pga Blvd
- City, State
- Palm Beach Gardens, FL
- Market
- Palm Beach
Property Facts
- Building Size
- 79,982 sq ft
- Lot Size
- 101,006 sq ft (2.32 ac)
- Year Built
- 1979
- Year Renovated
- 2000
- Stories
- 6
- Buildings
- 3
- Zoning
- CG1
- Subtype
- Office Building
- Floor Area Ratio
- 0.79
Sale History
Last sold for $15,850,000 on Nov 14, 2025. Prior owner NARRAGANSETT REALTY II INC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 2, 2026 | REGIONS BK | $7,925,000 | Mortgage | CONVENTIONAL |
| Jun 1, 1995 | Private party lender | $13,125,000 | Mortgage | PRIVATE PARTY LENDER |
| Sep 17, 1992 | ADMIRALTY PROP LTD | $500,000 | 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.