MMCC Secures $9.6 Million Acquisition Financing for Magic Mall Plaza in Orlando

by Hayden Spiess

Orlando, Fla. — Marcus & Millichap Capital Corp. (MMCC) has secured $9.6 million in acquisition financing for Magic Mall Plaza, a flea market-style shopping center located in Orlando. Built in 1971 and renovated in 2000, the complex totals 128,939 square feet. Garrett Fierstein of MMCC’s Orlando office originated the financing on behalf of the undisclosed borrower. The 10-year loan features a fixed 5.68 percent interest rate and a 25-year amortization schedule.

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