Cushman & Wakefield announced today that the commercial real estate services firm has arranged a $22.9 million refinancing loan on behalf of Sterling Organization for Roswell Village, a shopping center totaling 149,508 square feet located in Roswell, Georgia.
Michael Ryan, Brian Linnihan, Richard Henry and JP Cordeiro of Cushman & Wakefield’s Equity, Debt & Structured Finance team secured the three-year, floating-rate loan through Ameris Bank.
“Sterling Organization is a best-in-class operator and has done an amazing job repositioning this center,” Henry said.
Located at 593-665 Holcomb Bridge Road at the corner of Holcomb Bridge Road and Alpharetta Street, the property is located in Atlanta’s affluent Roswell suburb. Marshalls, Ross Dress for Less and Crunch Fitness anchor the center, which is 87% leased.