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Sandy Springs, Ga. — Cushman & Wakefield has arranged a $72 million loan on behalf of Jamestown for the refinancing of two adjacent retail centers located in the Atlanta suburb of Sandy Springs. Totaling more than 340,000 square feet, the properties include Parkside Shops (158,400 square feet) and Hammond Exchange (176,000 square feet). A 49,506-square-foot Whole Foods Market anchors the centers, which share a footprint of about 25 acres. Additional tenants include Marshalls, HomeGoods, Petco and The Springs Cinema & Taphouse.
John Alascio, Alex Hernandez, Alex Lapidus, Mitch Rothstein, Nick Scibelli and Mark Gilbert of Cushman & Wakefield secured the floating-rate loan through accounts managed by KKR on behalf of the borrower.