A foreclosure suit is pending, but the Towers at 1601 Belvedere office complex is on the market in West Palm Beach
January 13, 2014 at 11:00 PM
1 minute read
Towers at 1601 Belvedere in West Palm Beach is up for sale amid a legal battle between Wells Fargo Bank N.A. and the property’s owner, Belvedere Investment Associates LLC.
Wells Fargo, acting as a trustee for registered holders of JP Morgan Chase Commercial Mortgage Securities Corp., last May filed a $9.9 million foreclosure lawsuit against Belvedere Investment for the 110,795 square-foot office complex.
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