MARCUS & MILLICHAP ARRANGES $7M REFINANCING FOR SHOPPING CENTER

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PHILADELPHIA — Marcus & Millichap Capital Corporation has arranged a $7.04 million in refinancing for a 24,500-square-foot shopping center in Philadelphia. James Conley of Marcus & Millichap’s Philadelphia office arranged the 10-year loan with an amortization schedule of 30 years at a 5.5 percent fixed rate.

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