CBRE facilitated a $36 million refinance loan for Canton Marketplace, a 335,445-square-foot super regional shopping center located 40 miles north of downtown Atlanta. Mike Ryan, Brian Linnihan, Richard Henry and JP Cordeiro with CBRE Capital Markets’ Debt & Structured Finance in Atlanta represented the borrower – New York-based Acadia Realty Trust – securing the loan through Voya Investment Management.
“Canton Marketplace is a best-in-class retail property with an outstanding owner in Acadia Realty Trust,” said Mr. Henry Senior Vice President at CBRE. “Acadia has done an excellent job managing this asset since acquisition and our team was pleased to connect them with Voya to carry out their business plan.” Located at 1810 Cumming Highway, Canton Marketplace is 95% leased and anchored by Dick’s Sport Goods Best Buy T.J Maxx and pOpshelf stores respectively
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