(Crystal Proenza is associate editor of RealEstate Florida.)

BOCA RATON, FL-Wells Fargo Bank has secured four non-recoursefinancings totaling $73.6 million for properties in Florida,Louisiana and Georgia. The largest loan, worth $44.5 million, wasfunded for Mission Bay Plaza retail center at Glades Road and StateRoad 7 in Boca Raton. The 272,886-sf center is 96% occupied with 49tenants, including Albertsons, LA Fitness, Toys R Us and OfficeMax. Michael Strober of CBRE Melody in Tampa was the mortgagebroker for the transaction.

A second property in Boca Raton secured an $8.2-million loan forSouth Congress Warehouses, a 100% occupied, 118,800-sf industrialproperty at the Arvida Park of Commerce. Fred Welker of HollidayFenoglio Fowler in Miami was the mortgage broker for thetransaction. Both Florida deals involved strong sponsorship andlong-standing tenants in great locations, says Scott Bois, directorat Wells Fargo Commercial Mortgage in New York, who oversaw thetransactions.