
CBRE Secures $55M Loan for Buckhead Retail Refi
CBRE has secured a $55 million loan through Thrivent Financial for the refinancing of Peachtree Battle Shopping Center in Atlanta’s Buckhead neighborhood. The 152,951-square-foot shopping center is fully leased, anchored by a Publix Super Market.
Richard Henry, Mike Ryan, Brian Linnihan, and Taylor Crowder with CBRE Capital Markets’ Debt & Structured Finance in Atlanta represented the borrower, Branch Properties.
“We are extremely proud to have represented Branch on such a phenomenal asset. Best-in-class sponsorship combined with an unparalleled grocery-anchored shopping center resulted in a very competitive bidding process for our client,” said Mr. Henry, Senior Vice President with CBRE.
Located at 2333-2365 Peachtree Road NE, Peachtree Battle is situated on 12.6 acres and is comprised of a free-standing grocery building, a single-story retail building leased to several tenants, and three multistory buildings and called Peachtree Battle Promenade.
- ◦Financing