South University Galleria

Location: Ann Arbor, MI
Type: Mixed Use
Price: $ 18,600,000

SMC has provided a $10,100,000 first mortgage loan to refinance existing debt collateralized by South University Galleria, a 100% occupied, 47,810 SF mixed-used property located in Ann Arbor, MI. The subject is located in downtown Ann Arbor, MI, situated within the immediate proximity of the Diag, the main open area in the middle of the University of Michigan’s Central Campus. The property houses the University of Michigan’s affiliated Center for Educational Outreach (CEO), The Program on Intergroup Relations (IGR), and ADVANCE.