CBRE Arranges $245 Million Refinancing for Trophy Office Tower in Midtown Atlanta

CBRE arranged $245 million in financing for 1105 West Peachtree in Midtown Atlanta on behalf of a joint venture between Selig Enterprises and Florida SBA (advised by L&B Realty Advisors). Bank of America originated the floating-rate CMBS/SASB loan to refinance the 31-story, trophy office tower totaling 653,525 square feet. The financing represents one of the largest single asset financing in Atlanta for 2025.

The CBRE Debt & Structured Finance team of Mike Ryan, Brian Linnihan, Richard Henry, Blake Cohen, JP Cordeiro, and Taylor Crowder represented the sponsorship in the transaction that closed December 5th, 2025.

Delivered in 2021, 1105 West Peachtree is a premier office destination within a vibrant mixed-use development that spans an entire city block. The tower is 95.4% leased features expansive floorplates, 14-foot slab-to-slab ceiling heights, and a modern design that has become a landmark in Atlanta’s skyline. Tenants enjoy a premium amenity package, including a 28,000-square-foot Sky Terrace, hospitality lounge, fitness center, valet services, and multiple dining options. The property also benefits from direct access to MARTA transit stations and proximity to Midtown’s extensive retail and cultural offerings.

“1105 West Peachtree offers a unique combination of modern design, premier amenities, and a walkable location that continues to attract top-tier tenants,” said Ryan. “This transaction shows how strong Midtown Atlanta’s office market continues to be and the enduring appeal of best-in-class assets.”

Midtown continues to outperform the broader Atlanta market, driven by sustained demand for high-quality space. According to a recent CBRE report, the Midtown submarket posted positive absorption of 138,658 square feet during Q3. Midtown’s trophy assets remain among the most sought-after in the Southeast, benefiting from a strong talent pipeline and proximity to Georgia Tech and the city’s innovation district.