Marcus & Millichap Capital Corporation (MMCC) has arranged $4.1 million in financing for Carillon Court, a 29,891-square-foot retail strip center located at 444 North Weber Road in Romeoville, Illinois.

Dean Giannakopoulos, senior managing director in MMCC’s Chicago office, secured the financing with a local bank on behalf of a private client. “Our client engaged us to refinance a maturing loan,” said Giannakopoulos. “We efficiently canvassed the market and delivered competitive terms within a tight timeframe. The transaction enhanced cash flow by including an interest-only component, demonstrating the value of strategic financing solutions and a strong understanding of today’s capital markets.”

The three-year loan features a market interest rate, one year of interest only, and a 25-year amortization schedule. Carillon Court is situated near Interstate 55 and is tenanted by a mix of restaurants and service-oriented businesses, including a dental office, salon, and insurance agency.