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Located on a prime site at Glades Road and 95th Avenue South in West Boca Raton, Uptown Boca will feature 456 Class A luxury apartments and 171,806 square feet of upscale retail space.
The initiative to create the Regatta Harbour mixed-use project being developed by The TREO Group of Miami recently produced a welcome tangible result with the opening of the Regatta Harbour Marina.
"This community represented a great opportunity to buy new, stabilized product below replacement cost thanks to robust local market momentum," says David Nelson, managing director of acquisitions for Hamilton Zanze.
HFF represented the seller and worked with the buyer in the transaction to secure the acquisition financing from New York Life Insurance Co. Loan proceeds were used to acquire the property and provides additional capital for an upcoming building renovation, HFF reports.
The residential and commercial developer tapped Nichols to help it expand development of independent living, assisted living, memory care, and active adult communities.
Brennan joined LaSalle in 1999 and has successfully held a variety of leadership, investment, asset and portfolio management roles across the organization.
Meadows at Ferguson is directly off Interstate 635, minutes from downtown with access to employers throughout the Dallas metro, and within walking distance to Meadow Creek Village Shopping Center.
The seller was Drawbridge Realty, which acquired the property in 2013 and performed a complete redevelopment including new common areas and taking the building back to shell condition.