696 Centre

Location: Farmington Hills, MI
Type: Office
Price: $16,600,000

SMC has provided a $16,600,000 ten-year fixed rate mortgage loan for the recapitalization of 696 Centre, a three-story, Class B office building totaling 204,552 rentable square feet located in Farmington Hills, Michigan. The Property was extensively renovated in 2015 and well occupied by a strong mix of tenants including Google, Botsford Hospital, and Realcomp. Located on Farmington Road, the property is approximately 26 miles northwest of the Detroit CBD.