Central Business Park

Location: Southfield, MI
Type: Mixed Use
Price: $ 6,650,000

SMC has provided a $6,650,000 first mortgage loan to refinance the existing debt collateralized by Central Business Park, a 79.4% occupied, multi-tenant flex industrial development comprised of four neighboring buildings totaling 180,307 SF located in Southfield, MI. The Property is situated within the larger Southfield Research Park campus comprised of 24 buildings totaling 750,000 sq. ft. of office, warehouse, telecommunications and lab space. The park was originally developed between 1986 and 2001 and is situated on approximately 80 acres. Tenants include the Henry Ford Health System, Verizon, Level 3, and Neutral Tandem Michigan.