State Farm Regional HQ
An office property in Atlanta, Georgia. Securitized in 1 CMBS deal in 2018.
$122.0MAppraised value (latest deal)
89.6%Occupancy
$7.7MUnderwritten NOI
6.3%Implied cap rate
- Address
- 64 & 66 Perimeter Center East, Atlanta, GA 30346
- Property type
- Office · Suburban
- Year built
- 1971, 1985
- Size
- 503,201 SF
- Sponsor
- Griffin Capital Essential Asset REIT Inc.
- Loan purpose
- Recapitalization
- Largest tenant
- State Farm
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| BMARK 2018-B1 | 2018-01-31 | $122.0M | 89.6% | $7.7M | 6.3% | $10.2M | 61.5% | 2.49x | 424B |
More CMBS properties in Georgia →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.