A rendering of the Star Metals Offices in West Midtown Atlanta. A rendering of the Star MetalsOffices in West Midtown Atlanta.

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ATLANTA—The Allen Morris Company of Coral Gables, FL reports ithas closed on a $100-million construction loan to build a new267,000 -square-foot Star Metals Offices in West Midtown here.

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The project is part of the $330-million mixed-use Star MetalsAtlanta development. Barings and Bank OZK provided $100 million forthe office building project. The equity was provided by MBR, LLC,an affiliate of The Allen Morris Company and ICM Asset Management,Inc. of Calgary. Holliday Fenoglio Fowler, L.P. arranged thetransaction.

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The 14-story, Class 'A' LEED certified office tower will alsoinclude approximately 40,000 square feet of retail and restaurants.Located at 1055 Howell Mill Road, Star Metals Offices is part ofthe comprehensive Star Metals Atlanta development, that includesthe nine-story, 409-unit Star Metals Residences located at 1050Howell Mill Road that is scheduled to be delivered in July 2020, aswell as commercial, hotel, entertainment and food and beveragecomponents.

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“This is our 84th development and our 22nd project in Georgia.Star Metals Offices is intended to shatter the paradigm with themost innovative, creative attractive work environment in Atlanta.It's definitely not your grandfather's office building,” says W.Allen Morris, chairman and CEO of The Allen Morris Co. “We areattracting the most innovative, disruptive companies that want torecruit and retain the top creative, tech-savvy workforce in theCity. For a CEO or CFO, it is a smart strategic move that will settheir company apart from the pack.”

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Star Metals Offices is scheduled for delivery in Fall of 2020.The HFF debt placement team representing the borrower was led bysenior director Geoff Goldstein, managing director Gregg Shapiroand director Matt Casey.

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Designed by design architect Chad Oppenheim of OppenheimArchitecture and Warner Summers Architecture firm, Star MetalsOffices will feature 5,000 square feet of high ceiling retail onthe ground floor and a 5,000-square-foot roof top restaurant/barspace and five levels of parking.

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Tenant amenities will include lushly landscaped outdoorterraces, multiple tenant collaboration areas, a fitness center,bike storage/shower facilities and locker rooms. A roof toprestaurant / bar will provide a unique 'glass house' rooftopamenity with panoramic views of Buckhead, Midtown and DowntownAtlanta.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.