April 1, 2016
Holliday Fenoglio Fowler (HFF) secured a $43.3 million loan for 100 Peachtree, a 625,424-square-foot, Class A office tower in Atlanta, GA’s central business district. Borrower Five Mile Capital Partners LLC will use the refinancing to retire existing debt and to provide future funds for capital and tenant improvements, and leasing commissions.
The building is 61% leased to tenants including Koch Properties; Accenture; Fulton County Public Defender; Atlanta Beltline, Inc.; and McGuire Woods LLP.
HFF placed the four-year, floating-rate loan with Principal Global Investors. Mark Sixour and Gregg Shapiro led the HFF debt placement team in representing the borrower in this transaction.