A rendering of the multifamilycomponent of Uptown Boca.
BOCA RATON, FL—The development team of Giles Capital Group,Rosemurgy Properties and Schmier Property Group, in partnershipwith Wheelock Street Capital, which is building the mixed-useUptown Boca project here, has secured $125.65 million inconstruction financing for the more than 1-million-square-footventure.
The brokerage firm Holliday Fenoglio Fowler, L.P. arranged thefloating rate loan with Jutland Finance. The property is the lastundeveloped parcel located off Glades Road, which is Boca Raton'smain east/west thoroughfare and retail corridor. The developmentwill also benefit from its proximity to both the East and Boca TownCenter office markets, which together consist of more than 330buildings and 9 million square feet of office space.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
