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HSBC Bank USA provided a $75 million construction mortgage for the Via Mizner Golf & Country Club, a mixed-use project in Boca Raton to be developed by Penn-Florida.

Camino Investments Holdings, which is managed by Mark Gensheimer, sold the 3-acre site at 800 S. Federal Highway. The site is just north of East Camino Real and on the edge of the Boca Raton Resort & Club.

Although Camino Investments also owns the office buildings on either side of the property, at 700 and 998 S. Federal Highway, the HSBC loan secures only the vacant property.

The Via Mizner project got city approval for 366 rental units mixed with retail, office and a parking garage. According to its website, which promotes the EB-5 VISA program to raise capital for the project, Via Mizner is a $367-million project to be built in three phases. The plans include 12,880 square feet of ground-floor retail, 16,187 square feet of office and 3,446 square feet of upper floor retail.

Source: SFBJ

Cushman & Wakefield announced that it has been named exclusive leasing agent for Wells Fargo Plaza in Boca Raton.

Located at the corner of Camino Real Boulevard and Federal Highway at 925 South Federal Highway, Wells Fargo Plaza is a 105,000-square-foot, class-A office building.

Cushman & Wakefield Associate Director John Criddle and Senior Director Jon Blunk will represent the building’s owner, Real Estate Capital Partners, in marketing the available 105,000 square feet in the building.

Designed by iconic architect Philip Johnson, Wells Fargo Plaza offers sweeping ocean views from its eastern offices, dynamic golf course views and floor-to-ceiling glass along the dramatic curve of the building. The building is flanked by The Boca Resort & Club and Royal Palm Yacht & Country Club, two golf courses and dozens of dining options.

Real Estate Capital Partners has initiated modern interior design enhancements in the common areas and elevators, and has added new “move-in ready” suite renovations.

“Wells Faro Plaza’s high-end office space is centrally located and surrounded by amenities,” said Mr. Criddle. “Real Estate Capital Partners is a dedicated owner, and committed to the property and its tenants. We expect a great deal of interest in the available space, which ranges from 1,100 sf to 13,902 sf.”

Prominent building tenants include Wells Fargo, T. Rowe Price and Raymond James.

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Penn-Florida To Develop Via Mizner Mixed-Use Project

C&W Tapped To Lease Boca’s Wells Fargo Plaza

Penn-Florida To Develop Via Mizner Mixed-Use Project

C&W Tapped To Lease Boca’s Wells Fargo Plaza

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Penn-Florida To Develop Via Mizner Mixed-Use Project

C&W Tapped To Lease Boca’s Wells Fargo Plaza

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