McKinley Announces Takeover of 100% Leased Troy Retail CenterMay 24, 2016
McKinley Institutional Commercial Real Estate (ICRE) is pleased to announce the takeover of the 100% leased Troy Retail Center in Troy, Michigan. McKinley has been appointed as Manager of this 11,476 square foot new construction property, which is home to tenants such as Tom + Chee, Qdoba, and Capriotti’s. This asset is located in Troy’s retail hub on Big Beaver Road and is a neighbor to the upscale, super-regional, Sommerset Collection Mall.
“We are excited to execute the takeover of this well-positioned and important asset in Troy, Michigan. Our experienced team was able to quickly respond and seamlessly transition this property onto our platform, and we look forward to creating significant value for our owners, the community and all stakeholders involved," stated Lauren Leach, Director of Commercial Portfolio Management.
"Lauren and her team are extraordinary in all aspects for complex property transitions and takeovers. They work hard, they know the business, and they quickly generate value in all things that they do," added Matt Mason, Senior Vice President - Commercial Real Estate & Special Advisor to the CEO.