In October of 2019, Emerald Creek Capital provided an $8,000,000 bridge loan in Miramar, FL. The loan is secured by a recently constructed five-story office building situated on a 3.95-acre site with 64,431 square feet of net rentable area. The subject property consists of 15 offices of varying sizes and includes 210 parking spaces in addition to an electric vehicle charging station. In addition, the building is almost stabilized and anchored by a GSA tenant. Miramar is conveniently located in Florida’s Broward County, situated 20 miles north of Miami and 12 miles west of Hollywood. The city has seen substantial development over recent years and is home to more Fortune 500 companies than any other city in South Florida. The subject property is located in a popular commercial area with access to a variety of major thoroughfares, including Miramar Parkway and Interstate 75.
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