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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


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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

Thieves steal dozens of bikes meant for underprivileged kids from Atlanta nonprofit

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Thieves steal dozens of bikes meant for underprivileged kids from Atlanta nonprofit


An Atlanta nonprofit is asking the public for help after it was the victim of a brazen theft earlier this week.

Propel ATL said that thieves cleared out an entire trailer of bicycles meant for underprivileged kids sometime on Tuesday night or early Wednesday morning.

Jeremiah Jones, the nonprofit’s advocacy manager, said that someone broke into the trailer and took 26 bikes and 24 helmets.

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Nonprofit Propel Atl said someone stole dozens of bikes and helmets meant to go to children from their trailer this week.

CBS News Atlanta


The equipment was part of a program that gives bikes to children from low-income schools and teaches them how to ride.

“My heart sank when I got the call that all the bikes were gone. I said, ‘Surely not all of them.’ And all of them are gone,” Jones said. “This class is solely for kids, and this crime is affecting them.”

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Atlanta police are reviewing security footage from the area. Jones said you could see people taking the bikes out of the trailer, carrying them down a hill, and bringing them into a nearby parking lot.

The nonprofit is now trying to raise more than $10,000 to replace the bikes.

Propel ATL is also asking who may have information about the theft to contact them at programs@letspropelatl.org.



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Atlanta, GA

Man arrested for knocking kids off bicycles

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Man arrested for knocking kids off bicycles


A man was arrested at a concert last week after he shoved two kids off their bicycles, causing one of them to fall into a fountain, Sandy Springs police said. FOX 5 Atlanta’s Brittany Edney reporting. 

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Atlanta, GA

Same DNA, new address: Muchacho expands to West Midtown

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Same DNA, new address: Muchacho expands to West Midtown


Photo by Luke Beard

When Muchacho first opened along the Atlanta Beltline and Memorial Drive, it became known as a place shaped as much by its surroundings as by its menu. That site, housed in a 100‑year‑old train depot, set the tone for how the brand approaches expansion: start with the bones of a building, then let the space tell the story. The newly opened Muchacho West Midtown follows that same philosophy.

“We like to celebrate unique attributes of each property and work with the palette we’re given,” says founder and owner Michael Lennox. While the original Muchacho is defined by its long, narrow footprint and Spanish tile roof—features reminiscent of its former life as a train depot—the West Midtown location leans into an industrial past rooted in automotive culture: a former Meineke car care shop. Big windows reference former garage doors, while retro racing details appear inside.

Inside Muchacho on the Westside

Photo by Luke Beard

Still, the connective tissue between the two locations is clear. Both spaces draw heavily from Muchacho’s Southern California skate‑and‑surf roots. At Muchacho West Midtown, familiar playfulness appears via a blue‑orange‑yellow racing stripe pattern, a three‑dimensional pegboard gallery wall used to hang art and plants, and vintage Meineke signage. A life‑size cardboard cutout of George Foreman, once the pitchman for Meineke, underscores Lennox’s willingness to lean into humor and nostalgia. “It’s a playful brand,” he says.

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A functional halfpipe for skateboarding anchors the outdoor experience and will double as a performance space for bands and DJs. In about a month, a 4,000‑square‑foot “tropical secret garden” with tall bamboo lining the perimeter will open on the south side of the property. Another 1,500 square feet of patio space wraps the west and north sides, currently welcoming about 80 guests. Altogether, the West Midtown location will accommodate about 215 guests, making it comparable in size to the original, with a little more outdoor space.

Crispy chicken sandwich

Photo by Luke Beard

Muchacho West Midtown opened with the same core menu that made the Beltline location a staple: tacos, breakfast burritos, coffee, cocktails, and beer. Standouts like migas, chilaquiles, carne asada, and al pastor continue to be available. Over time, however, Lennox says each location is expected to develop its own personality, driven by the chefs who have “a pretty wide creative latitude.” Chef Betty Aparicio, formerly of Chido & Padre’s, steers the kitchen on the Westside.

“We want to nurture some immediate familiarity while providing space for some special moments you can only have at each location,” Lennox says.

Margarita

Photo by Luke Beard

One of these special moments will take place April 4 at a grand opening party dubbed MuchachoFest. Expect bands, a fortune teller, a mini skate park in parking lot, food and drink specials, and giveaways. “It’s going to be a fun day in West Midtown,” Lennox says.

A third Muchacho location will debut in the old Revival space in Decatur this summer. In addition, the Electric Hospitality team is bringing Ladybird Grove & Mess Hall to the Westside. Slated to launch in May on 11th Street, the convivial restaurant and bar will feature a 5,000-square-foot courtyard with an airstream bar, stage, and Crepe Myrtles, and a 45-seat island bar inside. Formerly a single-story warehouse from 1950s or ’60s, Ladybird West Midtown will offer the same food and beverages as its Eastside sibling with room for the chef and mixologist to add their unique touches.

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