Palm Plaza

Location: 12108 N. 56th Street, Temple Terrace, Florida


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Property: The property consists of one 10,543 Square Foot (SF) two (2) story office building with multiple tenant spaces and tenants.  A secondary structure consists of 1,800 SF of office space and is presently unoccupied.


Receivers Duties: Act as landlord during the foreclosure process, involved in negotiating new leases with current tenants, collect rent, market unoccupied tenant space, maintain common area, and report financial performance.


Lender: IberiaBank