SunTrust Provides $42.7M Construction Loan for Serta Simmons Bedding Headquarters in Metro Atlanta

DORAVILLE, GA. — SunTrust Commercial Real Estate has provided a $42.7 million construction loan to Holder Properties for the development of a new corporate headquarters for Serta Simmons Bedding. Located within Assembly, a 164-acre mixed-use urban renewal project in Doraville, roughly 15 miles north of Atlanta, the project will feature approximately 210,000 square feet of office, showroom and research and development space. The property will also include a 500-space parking deck. Upon completion in early 2019, Serta Simmons will consolidate its headquarters from three locations in the Atlanta area and one in Chicago, and bring roughly 500 jobs to the new development. The Atlanta-based company owns and manages two of the largest brands in the mattress industry, Serta and Beautyrest. The project is designed by Rule, Joy, Trammell + Rubio and DPR is the general contractor. Dom Wyant of JLL represented Serta Simmons in the lease transaction.