Retail V Michigan

Associated Bank closes $14 million loan for retail center in Michigan

Associated Bank closes $14 million loan for retail center in Michigan,ph01

Associated Bank completed a $14.08 million loan to Inland Retail Property Fund for the acquisition of Northville Park Place at 18771-39869 Traditions Drive in Northville Township, Michigan.

The six-building 78,833-square-foot retail center is anchored by Trader Joe’s grocery store. other tenants include Granite City, Rusty Bucket and Sherwin Williams.

Senior vice president Krista Casper of the commercial real estate division of Associated Bank managed the loan and closing.