Marcus & Millichap Capital Corporation has arranged an $8.6-million senior debt cash-out refinance for a retail and office space at 127-137 Main Street in Medford, MA. Robert Bhat, MMCC SVP, financed the 10-year loan with an LTV of 63%.

“The property is located along a prime stretch of Main Street,” said Bhat. “We were able to secure a non-recourse full-term interest only loan with a fixed interest rate of 3.63% while providing significant cash out for the borrower.”

The 31,850-square foot property is anchored by Mass General Brigham Community Physicians, Inc., and consists of three adjacent buildings that include retail and medical office space. It is located near major thoroughfares, green spaces and river views, as well as local businesses and premier schools such as Tufts University.