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Branch Properties Inks $56M Refi for Buckhead Retail Center
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Branch Properties obtained a $56 million refinancing for the Peachtree Battle Shopping Center, a 153,585-square-foot grocery-anchored retail center in Atlanta’s Buckhead neighborhood. Delta Community Credit Union provided the financing, which will refinance existing debt on the property and support the center’s continued long-term positioning. 

The financing was secured by CBRE’s Debt & Structured Finance team, including Richard Henry, Mike Ryan, Blake Cohen, JP Cordeiro and Taylor Mathis. 

Located at 2333-2365 Peachtree Road NE, Peachtree Battle Shopping Center is 95.9% leased and anchored by Publix, which has operated at the property since 1988. 

Within the Buckhead/Lenox retail submarket, vacancy remains below the metro average, and asking rents have continued to grow, supporting lenders’ interest in high-performing neighborhood retail assets anchored by essential-service tenants. 

Branch Properties, an Atlanta-based owner and operator of grocery-anchored shopping centers throughout the Southeast, has owned Peachtree Battle Shopping Center since 1982. 

The post Branch Properties Inks $56M Refi for Buckhead Retail Center appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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