Jamestown Secures $72 Million Refinance Loan From KKR For Retail Centers In Sandy Springs
5920 Roswell Road, 5930–5992 Roswell Road Ne, 5930 Roswell Road Ne & 5930 Roswell Road
$72,000,000
Building Size
—
Asset Type
Retail
Closing
Aug 31, 2026
About this deal
AI
The transaction involves the refinancing of the Parkside Shops and Hammond Exchange retail centers, located at 5920 & 5930-5992 Roswell Road in Sandy Springs, GA. The total loan amount is $72 million, facilitating improvements across an area exceeding 340,000 square feet that is anchored by Whole Foods.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $72,000,000
- Lender: Joseph Bae & Scott Nuttall - KKR
- Landlord: Matt Bronfman - Jamestown
- Brokers: John Alascio, Alexander Hernandez, Alex Lapidus Okin, Mitch Rothstein, Nick Scibelli & Mark Gilbert - Cushman & Wakefield
- Loan Type: Refinance
Cushman & Wakefield facilitated the financing arrangement, including provisions for future improvements as Jamestown explores options for potential mixed-use redevelopment of the properties.
Players
Atlanta Retail Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.22%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93