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ATLANTA — Selig Enterprises has obtained a $245 million loan for the refinancing of 1105 West Peachtree, a 31-story office tower in Midtown Atlanta. The 653,525-square-foot tower was nearly fully leased at the time of financing to tech giant Google and law firm Smith, Gambrell & Russell.
Matt Rendele and Christine Curry of Selig worked with CBRE on the financing, which was structured as a CMBS SASB (single-asset/single-borrower) loan.
Delivered in 2021, 1105 West Peachtree features The Office Bar and Sky Plaza, a one-acre amenity deck that connects to the Epicurean Atlanta hotel and 40 West 12th, a luxury condo tower.