Boynton Beach shopping center in foreclosure

Cadence Bank has filed a foreclosure action against Whitworth Farms in Boynton Beach, a Publix-anchored shopping center, the South Florida Business Journal reported. The 89,438-square-foot property, which was built in 2008, is located at 12425 Hagen Ranch Road in Boynton Beach. The suit concerns an original $32.6 million loan assumed by Cadence when the original lender, Superior Bank, failed. [SFBJ]