Data-and-Technology-Center

M&M Capital Corp. Arranges $5.2M Acquisition Loan for Data Center

by Danielle Everson

CANTON, OHIO — Marcus & Millichap Capital Corp. (MMCC) has arranged a $5.2 million acquisition loan for a single-tenant data center in Canton. The center is leased to a non-investment-grade tenant. Dean Giannakopoulos of MMCC’s Chicago downtown office arranged financing for the undisclosed borrower. The 25-year loan is fixed at 3.97 percent. The loan-to-value ratio is 70 percent.

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