At the time of the closing, nine years remained on its lease at the Downtown property.

The loan is for 10 years at a 7.33% interest rate. The financing has a 30-year amortization and represents a 71% loan-to-value ratio.

The Atlanta office of Marcus & Millichap Capital Corp. arranged the financing but refused to disclose the name of the lender.

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.