One Technology Plaza

Location: Peoria, IL
Type: Office
Price: $ 16,500,000

SMC’s $16,500,000 first mortgage loan refinanced a prior CMBS loan on a 155,739 SF, seven-story Class A office building in Peoria, Illinois. The Subject has an excellent location at the corner of Fulton Street between Washington and Adams Streets in downtown Peoria and is considered to be the highest quality Class A office property in the market. The Subject’s tenant roster consisted of Robert Morris University-Illinois, Caterpillar, a number of GSA tenants, Wells Fargo, and several smaller law firms.