Graham Fee Portfolio

Location: Harrisburg, PA
Type: Retail
Price: $19,400,000

SMC has provided a $19,400,000 loan for the acquisition of the Graham Fee Portfolio. The loan has a 10-year term with full term interest only payments. The portfolio consists of the leased fee interest in two long-term ground leases and the underlying properties are The Shoppes at Susquehanna, an 110,339 SF retail center in Harrisburg, PA and the Center at Colony Mill, a 103,076 SF mixed-use property consisting of office, medical, and retail space located in Keene, NH. The properties are 97.7% and 93.7% occupied, respectively.