Restructuring Loan Closed for Coral Gables Office Campus, Douglas Entrance

Douglas Entrance ownership has closed a loan modification for Douglas Entrance.

Ronald Miles, managing director of Pearlmark Real Estate Partners, arranged the financing.

Douglas Entrance is a 458,170-square-foot, class A, five-building office park at 800 Douglas Road in Coral Gables, FL that was built between 1927 and 1998, with some buildings having renovations in about the year 2000.

South Florida Commercial Real Estate News From CoStar Group