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MMCC Arranges $25 Million Acquisition Loan for Retail Property in Troy, Michigan

Published
Oct 29, 2026
Views
781

The retail property at 700 W. Big Beaver Road in Troy, Michigan, totals 62,364 square feet. FinanceInvestment salesMichiganNews MMCC Arranges $25 Million Acquisition Loan for Retail Property in Troy, ...

700-West-Big-Beaver-Road

MMCC Arranges $25 Million Acquisition Loan for Retail Property in Troy, Michigan

by Abby Cox

Troy, Mich. — Marcus & Millichap Capital Corp. (MMCC) has arranged $25 million in financing for the acquisition of a 62,364-square-foot retail property in Troy. Todd Phillips of MMCC arranged the loan through a national bank. It features a seven-year term, 6.1 percent interest rate and 30-year amortization period. The property, located near I-75, is home to several national restaurants and retailers.

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Source: Abby Cox · shoppingcenterbusiness.com

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