Jamestown Secures $72 Million Refinance Loan From KKR For Retail Centers In Sandy Springs

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.