CBRE Secures $36 Million Refi of Suburban Atlanta Shopping Center – Robert Khodadadian
CBRE has facilitated a $36 million refinance loan for Canton Marketplace. The 335,445-square-foot super regional shopping center in Canton is about 40 miles north of downtown Atlanta.
Mike Ryan, Brian Linnihan, Richard Henry and JP Cordeiro with CBRE Capital Markets’ Debt & Structured Finance in Atlanta represented the borrower, New York-based Acadia Realty Trust. The $36 million loan was secured through Voya Investment Management.
“Canton Marketplace is a best-in-class retail property with an outstanding owner in Acadia Realty Trust,” said Mr. Henry, Senior Vice President with CBRE. “Acadia has done a tremendous job with this asset since acquisition and our team is pleased to have connected them with a great lender in Voya to carry them through the next leg of their business plan.”
Located at 1810 Cumming Highway, Canton Marketplace is 95-percent leased and is anchored by a Dick’s Sport Goods, Best Buy, T.J. Maxx and pOpshelf.
The post CBRE Secures $36 Million Refi of Suburban Atlanta Shopping Center appeared first on Connect CRE.
CBRE has facilitated a $36 million refinance loan for Canton Marketplace. The 335,445-square-foot super regional shopping center in Canton is about 40 miles north of downtown Atlanta. Mike Ryan, Brian Linnihan, Richard Henry and JP Cordeiro with CBRE Capital Markets’ Debt & Structured Finance in Atlanta represented the borrower, New York-based Acadia Realty Trust. The …
The post CBRE Secures $36 Million Refi of Suburban Atlanta Shopping Center appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate