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Branch Properties and Corebridge Real Estate Investors have obtained a $171.4 million loan for the refinancing of the Southeast Grocery-Anchored Portfolio, a collection of eight retail properties totaling nearly 1.2 million square feet.

PGIM Real Estate provided the loan through The Prudential Insurance Co., public records show. CBRE arranged the transaction, working on behalf of the borrowers.

Located in Tennessee, Kentucky, Georgia and Florida, the shopping centers have more than 190 tenants in total, including major grocery anchors such as Publix, Kroger and Whole Foods. The assets were 96.6 percent leased at the time of closing.