Selig Enterprises, in partnership with Florida SBA (advised by L&B Realty Advisors), has secured a $245 million loan to refinance 1105 West Peachtree, its 653,525-square-foot, Class A trophy office tower in Midtown Atlanta. Selig Enterprises’ Capital Markets team was led by Matt Rendle, chief investment officer, and Christine Curry, vice president of capital markets. Bank of America originated the CMBS/SASB loan to refinance the 31-story high-rise, which is fully leased to Google and law firm Smith, Gambrell & Russell, and anchors the prominent Midtown mixed-use development . The CBRE Debt & Structured Finance team arranged the financing.  

“Securing this financing for 1105 West Peachtree is a significant milestone not only for our company, but for the office market as a whole,” said Rendle, Chief Investment Officer at Selig. “At a time when few office refinances are happening, especially for assets of this scale, this transaction underscores continued investor interest in the Atlanta market and the long-term value of a truly exceptional property.”  

Delivered in 2021, 1105 West Peachtree is a premier office destination within a vibrant mixed-use development that spans an entire city block. The tower is 95.4% leased and features a striking architectural design that defines the Midtown skyline, expansive floorplates, hospitality-inspired lobby with full service restaurant The Office Bar, a one-acre Sky Plaza, which serves as the office building’s connection point with Epicurean Atlanta, a 178-key boutique Marriott Autograph hotel, and 40 West 12th, a 64-home luxury condominium tower. 

For more information on 1105 West Peachtree, visit www.1105westpeachtree.com.