Business & Tech
Kennesaw Marketplace Construction to Begin Immediately
The 288,000 sq. ft. shopping center will have Whole Foods and Academy Sports as anchor tenants when it opens next summer.

Staff Report
CBRE Capital Markets’ Debt & Structured Finance team has secured $78 million in acquisition and construction financing for Kennesaw Marketplace, a 288,000-square-foot retail shopping center located in Kennesaw, Georgia.
Jeffrey Ackemann, Jonathan Rice and Robert LaChapelle of CBRE’s Atlanta office arranged the financing on behalf of a joint venture between Fuqua Development and Batson-Cook Development. The three-year, non-recourse loan was provided by Heitman Real Estate.
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“Working with Jeff Fuqua and his team, along with Litt Glover and the Batson-Cook Development team was a truly unique and fascinating process,” said Mr. Ackemann. “Jeff’s ability to attract best-class retail tenants and utilize the entire site to its maximum potential is truly an art form.”
Located at the intersection of Barrett Parkway and Georgia Highway 41, Kennesaw Marketplace will bring Whole Foods, Academy Sports and a host of other national and local tenants to the area. Construction is expected to commence immediately and will be completed by Q3 2016.
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