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Southtown Center

Location: Anderson, IN
Type: Retail
Price: $ 9,500,000

SMC provided a $9,500,000 first mortgage to refinance existing debt in the amount of $4,308,030 at the Property. The Loan provides for a 10-year term, amortizing over 28 years. The Property is anchored by Hobby Lobby, Big Lots and a Planet Fitness, and is sponsored by an experienced local owner.