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Office Market Distress and Reappraisal Trends
The chapter explores the distress history and reappraisal of a $115 million peach tree center CMBS loan tied to an Atlanta office and retail complex. It delves into the challenges faced by the property, reflecting wider office market trends and market segmentation complexities in Atlanta and Chicago. Additionally, it discusses the impacts of significant lease terminations by key tenants like KPMG on a Dallas office tower and the implications on market dynamics.