High-rise commercial buildings

Sub Markets

Property Sectors

Topics

Florida & Gulf Coast CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Florida & Gulf Coast  + Central Florida  + Finance  | 
Parmenter Realty Partners has secured a $28.6-million loan from Banesco USA to refinance its Rocky Point Centre office building in Tampa, FL.

Parmenter Realty Partners Refies Tampa’s Rocky Point Centre with $29M from Banesco USA

Institutional real estate investment, management and development firm Parmenter Realty Partners has secured a $28.6-million loan to refinance Rocky Point Centre, a 190,000-square-foot Class A office building located the Rocky Point Island micro market of Tampa, FL.

Banesco USA, a Miami, FL-based an independent Florida state-chartered bank with $2.78 billion in assets, partnered with ABANCA USA to close on the loan.

“This new loan enables us to continue to build asset value at Rocky Point Centre through additional building upgrades and new leasing in the improving Tampa office market,” said Michael Holmes, COO at Doral, FL-based Parmenter Realty Partners

“Banesco USA’s partnership with ABANCA USA to finance this loan will make a crucial impact to this area of Tampa,” added Calixto Garcia-Velez, president and CEO of Banesco USA. “It will showcase Tampa’s wonderful quality of life and continued Business District growth.”

Connect

Inside The Story

Banesco USA's Garcia-Velez

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Financing