U-Haul Portfolio I

Location: Auburn Hills, MI
Type: Industrial
Price: $ 10,200,000

SMC has provided a $10,250,000 ten-year fixed rate first mortgage loan to refinance Meadowbrook Tech Center, a 96.2% occupied multi-tenant flex industrial property comprised of six buildings totaling 218,916 square feet. The improvements were constructed between 1989 and 2000 across a combined site area of 19.21 acres. The Property is located in Auburn Hills, MI, the region’s major business and technology hub along the I-75 corridor known as Automation Alley.