South Industrial Portfolio

Location: Ann Arbor, MI
Type: Office
Price: $ 9,500,000

SMC has provided a $9,500,000 ten-year fixed rate first mortgage to refinance the existing debt collateralized by the South Industrial Portfolio, a multi-tenant R&D office development comprised of three adjacent buildings totaling 99,859 SF. The improvements were constructed between 1988 and 1999 in Ann Arbor, Washtenaw County, MI, less than 2 miles south of the main campus of the University of Michigan.