Marietta Technology Center

    • Location

      Atlanta

    • Asset Class

      Office

    • Year Built

      1983-1985

    • Purpose

      Refinancing

    • Fund Source

      Investment Bank

    • Amount

      44,300,000

    • Financing

      Closed   10/11/2018

    Marietta Technology Center

    The situation

    The Atlanta economy is booming, companies are thriving, and office space needs to keep pace. Our clients, Praelium Commercial Real Estate and South Street Partners, were looking to refinance and structure a Northwest Atlanta office park, while navigating the volatility of capital markets in 2018.

    The solution

    Led by Mark Strauss and Rob Quarton, our team identified Investment Bank as a perfect lender and worked with all parties to structure a seven-year, fixed-rate loan with interest-only payments at max leverage for the whole term.

    The results

    “Marietta Technology Center garnered a very positive response from lenders. We positioned the opportunity to highlight the key strength of a long-term lease with an investment-grade tenant.” - Mark Strauss