Allen Morris Co. has secured a $113.7 million refinancing for Star Metals Offices, a 267,000-square-foot office tower in Atlanta’s West Midtown neighborhood. The new loan was provided by Banco Inbursa and is being used to retire the existing construction financing on the property, which was originally supplied by Bank OZK and Barings.
The 15-story building serves as the office centerpiece of the broader Star Metals District, a large-scale mixed-use development totaling approximately $1.5 billion in investment. Star Metals Offices opened in July 2021 and is reported to be 97 percent leased, reflecting strong tenant demand for the property since delivery.
Star Metals Offices was designed by Oppenheim Architecture in collaboration with Warner Summers Architecture. The office tower incorporates exterior balconies on each level, providing tenants with access to outdoor space directly from their floors. In addition to traditional office space, the property includes a range of on-site amenities intended to support both workplace productivity and tenant experience.
Ground-floor space at the property includes roughly 40,000 square feet of retail, activating the street level with shops and services that complement the office tower and surrounding district. Within the building, amenities include a coffee shop, outdoor lounges and workspaces, a 5,000-square-foot rooftop restaurant and bar, and a 30-person conference center designed to accommodate small meetings and events.
The refinancing comes as the larger Star Metals District continues to take shape as a mixed-use destination. In addition to the 267,000 square feet of office space at Star Metals Offices, the district includes two residential communities: the 327-unit Stella at Star Metals and the 409-unit Sentral at Star Metals. The broader development plan also calls for more than 100,000 square feet of retail and restaurant space across the district.
Future phases of the project include the planned Star Metals Hotel & Residences, which is expected to further expand the mix of uses within the district. Together, the office, residential, retail, restaurant, and planned hospitality components position Star Metals District as a significant concentration of density and investment within Atlanta’s West Midtown neighborhood.
By replacing the original construction facility with long-term financing from Banco Inbursa, Allen Morris Co. has reset the capital structure on a largely leased office asset that anchors a major mixed-use district. The transaction underscores the role of stabilized, amenity-rich office properties within broader urban redevelopment efforts in West Midtown.
