Tuesday, May 13, 2014

Katz Properties Acquires Giant at Milford Mill

BALTIMORE, MD. - The Southport office of Goedecke & Co., LLC has arranged $5,215,000 million in financing for the acquisition of Giant at Milford Mill, a 68,720 sf neighborhood shopping center anchored by Giant.

Goedecke Principal Timothy Breda, and senior associate Kristin Zuckerman worked exclusively on behalf of the buyer, to secure a long term, fixed rate, non-recourse loan from American Equity Investment Life Insurance Company. The borrower is a single purpose entity controlled by Katz Properties LLC, a full service real estate company that invests in the Northeast and Mid-Atlantic regions, with a focus on high quality grocery anchored centers in primary and secondary markets.

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