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| 100 Peachtree, Central Business District, Atlanta, GA |
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| Gregg Shapiro |
ATLANTA, GA -- Holliday
Fenoglio Fowler, L.P. (HFF) announced it has secured a $43.3 million
refinancing for 100 Peachtree, a 625,424-square-foot, Class A office tower in
Atlanta’s central business district.
Working on behalf of the
borrower, an affiliate of Five Mile Capital Partners LLC, HFF placed the
four-year, floating-rate loan with Principal Global Investors. Loan proceeds were used to retire existing
debt and will provide future funds for base building capital improvements as
well as tenant improvements and leasing commissions.
The property’s location
along Peachtree Street NW in downtown Atlanta provides tenants with excellent
access to public transportation including two Marta stations within blocks of
the property, vehicular access to the Downtown Connector (Interstates 75 &
85), an Atlanta streetcar stop at the property’s doorstep, as well as easy
access to the Hartsfield-Jackson International Airport, eight miles from the
site.
The iconic, 32-story tower features a
conference center with a boardroom, three conference rooms and a mock
courtroom; a fitness center; dry cleaner; florist; FedEx-Kinko’s; Dunkin
Donuts; Starbucks and parking for 928 vehicles.
100 Peachtree is 61 percent leased to tenants including Koch Properties;
Accenture; Fulton County Public Defender; Atlanta Beltline, Inc.; and McGuire
Woods LLP.
The HFF debt placement
team representing the borrower was led by senior managing director Mark Sixour and managing director Gregg Shapiro.
For a
complete copy of the company’s news release, please contact:
Kristen M. Murphy
Director
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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