McKinley Institutional Commercial Real Estate Announces Another Successful Workout in MontanaDecember 8, 2014
Missoula, MT - McKinley Institutional Commercial Real Estate (ICRE) is pleased to announce the successful workout of South Hills Retail in Missoula, Montana. McKinley was appointed Receiver of this 36,356 square foot mixed-use property on March 31, 2014. During its time as Receiver and Property Manager, McKinley initiated an upgrade of the energy management system, brought a 10,000 square foot deal with the State of Montana to the table, and reconfigured the common areas to create a more functional space for the tenants.
"The Institutional Commercial Real Estate team is pleased to have the opportunity to work out this asset on behalf of the court,"stated Lauren Leach, Director, Commercial Portfolio Management - Institutional Commercial Real Estate. "Our team was able to make a substantial impact on this asset in a very short amount of time," Added Leach.