Selig Enterprises And Florida State Board Of Administration Secures $245M Refinancing For Atlanta Office Tower
Georgia
See Similar DealsSelig Enterprises And Florida State Board Of Administration Secures $245M Refinancing For Atlanta Office Tower
1105 West Peachtree Street Northwest
See Similar DealsSummary
The property asset involved in the transaction is an office tower located at 1105 West Peachtree Street Northwest in Atlanta, GA. The asset spans a total of 653,525 square feet and is currently 95% leased to Google. The refinancing for this property amounts to $245,000,000, which includes various costs such as existing debt, tenant improvement reserves, and closing costs.
Summary of transation details:
- Property Type: Office
- Transaction Amount: $245,000,000
- Asset Size: 653,525 SF
- Address: 1105 West Peachtree Street Northwest
- Market: Atlanta, GA
- Landlords: Selig Enterprises & Florida State Board of Administration
The deal features key players including Selig Enterprises and the State Board of Administration of Florida, who secured the refinancing for the office tower. Their involvement addresses the management of existing debt and provisions for tenant improvements.
Details
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