OCEAN BANK PROVIDES $28 MILLION FINANCING TO THE GRAHAM COMPANIES

Ocean Bank Provides $28 Million Financing to The Graham Companies

Ocean Bank announced it provided $28 million to The Graham Companies for the refinance of debt on seven office buildings with more than 275,000 square feet in Miami Lakes.

“Ocean Bank has been an exceptional partner throughout this process. Their leadership and lending team were responsive, professional, and a pleasure to work with at every turn. Ocean Bank has also been a valued tenant in Miami Lakes since 1997, so this financing deepens a relationship we have enjoyed for nearly three decades.  We look forward to continuing to build the relationship further." said Andre Teixeira, Executive Vice President & Chief Financial Officer of The Graham Companies.

“Ocean Bank is extremely proud to add The Graham Companies as a customer of the bank and to provide financing for these properties,” said Rogelio Villarreal, Executive Vice President and Head of Commercial Lending.  

The properties include:

The four-building, multi-tenant Parkside Corporate Center encompassing 157,749 square feet on a 9.6-acre site at NW 79th Court and NW 151 street;

The four-story Andrew Jackson Building, with 53,210 square feet, located at 8100 Governors Square Boulevard and the Spessard Holland Office Building, also a four-story, multi-tenant building with 53,115 square feet at 8000 Governors Square Boulevard;

The 13,580-sqare-foot Kinder Care Enrichment Center a single-story childcare and early education facility located at 8001 Oak Lane.

“We look forward to a long, lasting and fruitful relationship with The Graham Companies, which is recognized for its excellent stewardship of properties in South Florida,” Villarreal said.

Senior Vice President Jesus Garcia arranged the loan for Ocean Bank.