OCEAN BANK PROVIDES $27 MILLION FOR SHOPPING CENTER PURCHASE
Ocean Bank Provides $27 Million For Shopping Center Purchase
Ocean Bank announced it provided $27 million for the purchase of the Delia Plaza shopping center in Doral.
The borrower is BC 10750 LLC, headed by President Alexander Boria. The center, located at NW 107th Avenue and NW 58th Street in Doral, has 82,000 square feet of retail space on a 10-acre site. Tenants include a Sedano’s Supermarket, an ACE Hardware, medical offices and restaurants.
“This is a very popular community retail center in Doral with excellent shopping and restaurants, including Francisca, Doña Empanada and Parrillada Familiar Da Silva,” said Eddie Diaz, Executive Vice President and Head of Corporate Lending of Ocean Bank.
“Ocean Bank is proud to provide the financing for this acquisition. It has been a pleasure working again with Alexander Boria and Borluv Management Group.”
Senior Vice President Jorge F. Hernandez arranged the loan for Ocean Bank.
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