David Johnson Of Marcus & Millichap Secures $3.5M Loan For Retail Center In Clinton MS

A retail center located at 200 Clinton Boulevard, Clinton, MS, has an asset size of 97,000 square feet. The property received financing of $3,500,000, facilitated by Marcus & Millichap Capital Corporation (MMCC), despite facing challenges, including the bankruptcy of the anchor tenant, Big Lots.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,500,000
• Address: 200 Clinton Boulevard
• Market: Clinton, MS
• Lender: CRE Bridge Equity
• BROKER: David Johnson - Marcus & Millichap

David Johnson represented Marcus & Millichap in securing the financing through CRE Bridge Equity for a private client, ensuring the timely closure of the deal in light of the aforementioned challenges.