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What the $245M refinance of a Midtown office tower signals for Atlanta

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What the 5M refinance of a Midtown office tower signals for Atlanta


Business

The tower at 1105 W. Peachtree St., which bears Google’s logo, recently secured a new loan at a time many landlords are struggling to do so.

1105 West Peachtree (Google Tower in Midtown) is shown Friday, Dec. 19, 2025, in Atlanta. The Google Tower is one of the developments done by Selig Enterprises. (Jason Getz/AJC)

It hasn’t been easy the past few years to be an office landlord.

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Many tenants shrunk their workspaces coming out of the COVID-19 pandemic, meaning buildings that lost rental revenue also lost value. Interest rates surged. Many banks got gun shy over having too much money lent to office tower owners, and a whole lot of loans have been coming due.

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The tower at 1105 W Peachtree St. in Midtown Atlanta is one of the city's newest office buildings.

The tower at 1105 W Peachtree St. in Midtown Atlanta is one of the city’s newest office buildings.

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Zachary Hansen

Zachary Hansen, a Georgia native, covers economic development and commercial real estate for the AJC. He’s been with the newspaper since 2018 and enjoys diving into complex stories that affect people’s lives.



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Atlanta, GA

19 new metro Atlanta restaurants opened in May, but 11 closed

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19 new metro Atlanta restaurants opened in May, but 11 closed


Food & Dining

Nearly a dozen restaurants closed during the month, including the Alden.

The waakye served at Ike’s Cafe and Grill shown on Monday, March 24, 2025. The bean and rice mixture is served with spaghetti, plantains, a tomato stew, fish, beef, a boiled egg, dried cassava and a chili sauce. (Natrice Miller/AJC)

May was another strong month for restaurant openings in metro Atlanta, with at least 19 new food businesses setting up shop.

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But nearly a dozen restaurants closed during the month, as well — including the Alden, which was unexpectedly shut down when the Chamblee apartment building where it occupied a ground-floor space was destroyed by a fire.

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Metro Atlanta restaurant openings

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Joupe Jeht’s fresh spring rolls. (Courtesy of Jude Downs)

Joupe Jeht’s fresh spring rolls. (Courtesy of Jude Downs)

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moc.thejepuoj .tS .N niaM .wasenneK ,6868-268-404 5503

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moc.eucebrabnaiiawah ,daoR tnasaelP lliH .htuluD ,3300-476-077 2442

A rendering of the Ledger Bar and Lounge at the recently renovated JW Marriott Downtown Atlanta hotel. (Courtesy of Marriott)

A rendering of the Ledger Bar and Lounge at the recently renovated JW Marriott Downtown Atlanta hotel. (Courtesy of Marriott)

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atterahpla/snoitacol/moc.kaetsyellaelttil ,.tS .S niaM .atterahplA ,0554-855-077 201

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moc.anicucovon daoR ,EN ffilcrairB .atnaltA ,0511-328-876 8703

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PopUp Bagels offers five kinds: plain, salt, sesame, poppy and everything. They are sold whole and meant to be ripped and dipped into schmears. (Courtesy of PopUp Bagels)

PopUp Bagels offers five kinds: plain, salt, sesame, poppy and everything. They are sold whole and meant to be ripped and dipped into schmears. (Courtesy of PopUp Bagels)

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Showdown Social opens this May in Alpharetta with host-led card games. (Courtesy of Showdown Social)

Showdown Social opens this May in Alpharetta with host-led card games. (Courtesy of Showdown Social)

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Onlookers watch the Parkview on Peachtree Boulevard apartment complex burn. (Courtesy of Jared Hucks/The Alden)

Onlookers watch the Parkview on Peachtree Boulevard apartment complex burn. (Courtesy of Jared Hucks/The Alden)

Metro Atlanta restaurant closings

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Waffle with Chicken Tenders made and styled by Johnny's Chicken & Waffles in Atlanta, Ga., Wednesday, May 6, 2026. (Aaliyah Man for the AJC)

Waffle with Chicken Tenders made and styled by Johnny’s Chicken & Waffles in Atlanta, Ga., Wednesday, May 6, 2026. (Aaliyah Man for the AJC)

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Henri Hollis

Henri Hollis is a restaurant critic and food reporter for The Atlanta Journal-Constitution, where he covers Atlanta’s restaurants, chefs and dining culture. As part of the AJC’s Food & Dining team, he reviews new restaurants, reports on industry trends and explores metro Atlanta’s culinary scene through the neighborhoods and people that shape it.



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Atlanta, GA

Falcons sign Drake London to four-year extension

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Falcons sign Drake London to four-year extension


One of the most inevitable moves of the summer is complete. The Atlanta Falcons have given Drake London a lucrative four year deal worth up to $150 million, locking up their top receiver for the foreseeable future.

It’s a deserved extension for a physical, sure-handed talent who has been consistently excellent in Atlanta despite a constantly rotating cast of quarterbacks. London, who has averaged 1,086 yards over four NFL seasons and has 22 touchdowns over that span, has also emerged as one of the locker room’s most vocal and accountable players.

The 2022 first round pick came into the NFL catching passes from Marcus Mariota and Desmond Ridder and flourished immediately, with 806 yards and four touchdowns in year one and 905 yards and two touchdowns in year two. When the coaching staff turned over and Kirk Cousins and Michael Penix Jr. entered the picture, London exploded for 100 catches, 1,271 yards, and nine touchdowns in 2024, following that up with 919 yards and seven touchdowns in just 12 games a year ago. Through just four seasons, London is already 10th in team history in receiving yards, eighth in receptions, and 13th in touchdowns, and mixes that with solid blocking. He’s been the ideal receiver for the last two iterations of this Falcons offense, and I have no doubt that will continue here.

The contract’s guaranteed money would be tops in the NFL if the $100 million figure is accurate, but by overall money it’s just the third most lucrative contract in the league, and will likely be hovering near the bottom of the top ten in a couple of seasons. The Falcons were never going to risk losing their top receiving option, and if all goes well, London will continue to thrive in Atlanta and set his sights on surpassing some franchise legends in the years to come. I’m glad the deal is done, and we’ll see the exact terms soon enough.

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Atlanta Braves News: Mauricio Dubon, Hurston Waldrep, Week Ahead, More

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Atlanta Braves News: Mauricio Dubon, Hurston Waldrep, Week Ahead, More


Many good things have contributed to the amazing start to the season for the Braves. One of the biggest factors is how well many of the depth position player signings and acquisitions have worked out for Atlanta, such as Dominic Smith and Jorge Mateo. But the best of all was the trade for Mauricio Dubon, whose versatility has been extremely valuable for the Braves. Alex Anthopoulos has always made good moves on the margins, and this year is no different.

Andrelton Simmons plies his trade in Mexico

The Athletic caught up with former Braves shortstop – and one of the most gifted defenders at the position in the history of the game – Andrelton Simmons who, at 36, returned to organized baseball in Mexico last season.

Link below.

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In a fun “Where are they now” segment, here is an update on Andrelton Simmons.

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