Branch Properties Inks $56M Refi for Buckhead Retail Center

Barchart · 1d ago

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.