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Star Metals Offices Scores $113.7M Refi
ATLANTA — Allen Morris Co. received a $113.7 million loan from Banco Inbursa for the refinancing of Star Metals Offices, a 267,000-square-foot office tower in Atlanta’s West Midtown neighborhood. The transaction will retire the existing construction loan provided by Bank OZK and Barings.
The 15-story office tower, which is 97 percent leased, opened in July 2021 and is the centerpiece of the $1.5 billion Star Metals District development.
Designed by Oppenheim Architecture and Warner Summers Architecture, Star Metals Offices features exterior balconies on each level, as well as a coffee shop, outdoor lounges/workspaces, a 5,000-square-foot rooftop restaurant and bar and a 30-person conference center.
The building also comprises roughly 40,000 square feet of ground-floor retail.
The overall Star Metals District comprises 267,000 square feet of office space; the 327-unit Stella at Star Metals and 409-unit Sentral at Star Metals residential communities; more than 100,000 square feet of retail and restaurants; and the upcoming Star Metals Hotel & Residences.
- ◦Financing
