MCKINLEY APPOINTED RECEIVER OF WATERFORD TOWN SQUARE

WATERFORD, MICH. — Ann Arbor, Mich.-based McKinley has been appointed receiver of Waterford Town Square, an 83,000-square-foot shopping center located in Waterford. Situated adjacent to Summit Place Mall, the property has a tenant roster that includes Applebee’s Neighborhood Grill & Bar, ABC Warehouse and Powerhouse Gym. The appointment was made by the Oakland County Circuit Court. Waterford Town Square is McKinley’s fourth commercial workout property in the Detroit metro area. The other three are Lincoln Park Shopping Center, Justin’s Music and 17625 Warren Avenue.