(Crystal Proenza is associate editor of Real Estate Florida.)

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

A second property in Boca Raton secured an $8.2-million loan for South Congress Warehouses, a 100% occupied, 118,800-sf industrial property at the Arvida Park of Commerce. Fred Welker of Holliday Fenoglio Fowler in Miami was the mortgage broker for the transaction. Both Florida deals involved strong sponsorship and long-standing tenants in great locations, says Scott Bois, director at Wells Fargo Commercial Mortgage in New York, who oversaw the transactions.

The company also provided a ten-year, $9 million loan for the Station at Vinings, a 33,900-sf retail center in Atlanta. Michael Galla of Primary Capital Advisors was the mortgage broker for the transaction. A five-year, $11.9-million loan was also provided to a 137,574-sf retail center in Denham Springs, LA. Spring Park Plaza is home to 18 tenants, including Wells Fargo. Neil Efron of BankAtlantic in Fort Lauderdale served as the mortgage broker in that transaction.