Marcus & Millichap Capital Corporation arranged $8.025 million in financing for a 94,207-square-foot retail property at 5301 S. 108th St. in Hales Corners, Wisconsin.
Michael Hughes, managing director in MMCC’s Milwaukee office, secured the financing on behalf of a private client.
The loan features a 5-year term at 75% loan-to-value, a 6% interest rate and 30-year amortization period.
The property is located in a highly trafficked area with major tenants including Great Clips, a nail salon, an AT&T Store and a physical therapy clinic.
