The refinancing equates to roughly $566 per square foot.
The project will total nearly 360,000 square feet.
The two buildings total 157,510 square feet and are 87.6% leased.
The Colliers South Florida office leasing team, led by Senior Vice President Darcie Lunsford, has been chosen to handle leasing and marketing of the 137,000-square-foot, all-glass midrise.
The 58,614-square-foot office building dates back to 1982.
The 43,878-square-foot professional building located within PGA Station sold for $15.5 million.
The seller originally acquired the property in 2017 for $12.2 million.
The deal closed as-is with no inspections in just 30 days.
According to local brokers, asking rents in excess of $100 per square foot are prompting more companies to explore suburban alternatives. That shift is helping spark new office construction outside the urban core.
The project will feature 140,000 square feet of premier office, retail, and hospitality space.
