Villages at Westfork

ATLANTA—Village at Westfork, a 75,947-square-foot, Kroger-anchored neighborhood retail center in Lithia Springs, GA, has traded hands. Financial terms of the deal were not disclosed.

Katz Properties purchased the asset free and clear of existing debt. HFF brokered the sale and placed the 10-year, fixed-rate acquisition loan with Ladder Capital Finance. The HFF debt placement team representing the borrower was led by senior director Chip Sykes.

“Village at Westfork represented a rare opportunity to acquire a dominant, high-performing Kroger-anchored shopping center in one of the fastest-growing submarkets of the Atlanta MSA,” says HFF managing director Jim Hamilton. Hamilton and HFF senior managing director Richard Reid, along with associates Brad Buchanan and Mike Allison also worked on the multifamily deal.

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