Century Plaza
Location: Troy, MI
Type: Retail
Price: $2,775,000
SMC provided a $2,775,000 first mortgage to refinance existing debt in the amount of $2,776,800 at the Property and fund TI/LC reserves. Century Plaza is a 34,876 SF multi-tenanted retail center located in Troy, MI. Tenants at the Property include Allstate Insurance, H&R Block, Leslie’s Poolmart, Dickey’s Barbecue Pit and Penn’s Thai Café. Sponsor developed the property in 1980 is an experienced local owner.