Newmark arranges Ares financing for Related Ross acquisition of 1.7 million-sq-ft Boca Raton Innovation Campus - NMRK News | RalliesNewmark arranges Ares financing for Related Ross acquisition of 1.7 million-sq-ft Boca Raton Innovation Campus
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NMRK• Newmark arranges financing for Boca Raton Innovation Campus deal
- Newmark arranged acquisition financing for Related Ross’ purchase of Boca Raton Innovation Campus in Florida.
- The asset spans 1.7 million square feet across 124 acres at 5000 T-Rex Avenue.
- Ares provided the financing arranged by Newmark’s global debt and structured finance team.
- Related Ross plans to keep the site as an office and technology campus while adding retail, restaurants and amenities.
- The deal expands Related Ross’ Palm Beach County footprint, marking its entry into Boca Raton.
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