News
News
Coro Appoints Robert Fransen as Executive Vice President and Chief Investment Officer
For Immediate Release
July 19, 2010
ATLANTA – Coro Realty Advisors, an Atlanta-based leader in the development and repositioning of office, residential and retail properties, welcomes Robert Paul Fransen as Executive Vice President and Chief Investment Officer. Mr. Fransen will be responsible for Coro’s acquisitions, disposition and financing activities. His primary function will be to expand Coro’s successful Atlanta-based portfolio throughout the southeastern United States and into certain select additional markets.
“We are pleased to have a person of Robert’s background and skill joining Coro. His enthusiasm and extensive experience are expected to continue Coro’s growth,” says John Lundeen, CEO of Coro. “He shares our vision for developing quality properties that fulfill the goals of our clients and partners, and enhance the community.”
Mr. Fransen brings with him extensive experience in developing office, residential and retail properties. He most recently served as President, North America Operations of the Slokker Group. In this capacity, Mr. Fransen oversaw real estate holdings in eleven US states and Canadian provinces. Prior to joining Slokker, he served as legal counsel at Battle Fowler LLP and Baker Botts LLP.
Mr. Fransen has a B.A. from the University of Virginia, a J.D. from the Fordham University School of Law and an M.B.A from the University of Chicago Booth School of Business.
About Coro Realty Advisors
Coro Realty Advisors is a full service development, investment and real estate advisory company. It manages properties for third parties and invests its own capital in joint venture transactions. Coro focuses on identifying strategically located properties, and working to maximize their potential through development, redevelopment, active management and leasing. Coro was founded in 1997, and currently oversees a diverse portfolio consisting of over two million square feet of commercial space, including retail, office and industrial, and over 1,500 residential units. For more information, please visit www.cororealty.com.
For More Information Please Contact:
Teresa Pastore
Coro Realty Advisors, LLC
400 Northcreek
3715 Northside Parkway
Atlanta, Georgia 30327
(404) 846-4002
Execution of LA Fitness Lease - Sandy Springs Crossing Shopping Center
For Immediate Release
June 1, 2010
Coro Realty Advisors, LLC announces the execution of an LA Fitness lease for the 50,000 SF Anchor Space at Sandy Springs Crossing Shopping Center. According to Patti L. Pearlberg, Vice President, “We are thrilled with this new direction for this shopping center. We think that LA’s decision to locate at this strategic intersection in Sandy Springs is a win/win for LA, the other tenants in the center and the owners. Locating a first class fitness facility adjacent to the Abernathy Road Greenspace Park and multi-purpose trail along Abernathy is a perfect fit.”
According to Bill Horner, Senior Vice President/Chief Real Estate Officer for LA Fitness, “The location is consistent with LA Fitness’ belief that convenience can be a major component in keeping on a fitness program. The intersection of Roswell Rd and Abernathy should serve that purpose well, as it is both neighborhood adjacent and on a normal path of travel. He added, “Convenient locations combined with all the amenities, equipment and classes in our Clubs of this size provide members high value relative to cost in pursuit of their fitness goals.”
Jackie Wammock, Vice President of Leasing at Coro represented the owner and Ruth Coan, Principal at Shopping Center Group Represented the Tenant.
Coro Realty Advisors, LLC was founded in 1997 and is synonymous in Atlanta and throughout the Southeast with intelligent real estate development and investment. With a commitment smart growth, the urban landscape, and innovation, incorporating distinctive architectural designs and the latest in building trends and technology, Coro continues to demonstrate its leadership in the market with the successful execution of quality developments. The firm provides Asset Management, Property Management and Real Estate Advisory Services for a myriad of residential and commercial properties throughout the Southeastern United States.
For More Information Please Contact:
Teresa Pastore
Coro Realty Advisors, LLC.
3715 Northside Parkway
400 Northcreek – Suite 100
Coro Realty Advisors, LLC.
3715 Northside Parkway
400 Northcreek – Suite 100
Atlanta, Georgia 30327
(404) 846-4002
(404) 846-4002
Coro Announces the Acquisition of Midtown Place
For Immediate Release
April 20, 2010
Coro Realty Advisors, LLC announces the acquisition of Midtown Place Shopping Center on behalf of its partner JH Holdings, Inc., located at 650 Ponce de Leon Avenue. John Lundeen, President, believes that Midtown Place marries well with our philosophy of acquiring infill, urban properties with stable tenants. “We pursued this property due to its strong tenant profile and its excellent location in Atlanta’s Poncey Highlands neighborhood.” Midtown Place is located on the northeast corner of Ponce de Leon and Lakeview Avenue, across from City Hall East.
Midtown Place, a 256,712 square foot community shopping center was built in 1999 by The Sembler Company. Since its inception, the center has served the local community through its, upscale tenants such as The Home Depot, Whole Foods, PetSmart, Staples and Borders Books & Music. Midtown Place offers a well-balanced mix of retail, service and restaurant uses to the underserved and very dense Midtown population. The center serves as a community draw by bringing customers from the established neighborhoods of Virginia Highlands, Midtown, and Morningside.
Patti Pearlberg, Vice President/Asset Management, believes that the acquisition of Midtown Place was a natural given that it fits with our investment strategy to acquire class A properties - both apartments and retail – that generate strong cash flow.” Jackie Wammock, Leasing Vice President, believes that Midtown Place’s strategic location makes it a solid addition to Coro’s urban retail portfolio, attracting national, regional and local tenants.
For More Information Please Contact:
Teresa Pastore
Coro Realty Advisors, LLC.
3715 Northside Parkway
400 Northcreek – Suite 100
Coro Realty Advisors, LLC.
3715 Northside Parkway
400 Northcreek – Suite 100
Atlanta, Georgia 30327
(404) 846-4002
(404) 846-4002
Coro Appoints Jackie Wammock as Vice President
For Immediate Release
October, 2008
ATLANTA – Coro Realty Advisors welcomes Jackie Wammock as Vice President of Leasing. She will be responsible for overseeing all retail leasing and marketing activities for all in-house and third party properties. Coro’s portfolio currently includes over 50 properties primarily located in the metropolitan Atlanta area.
“It’s a pleasure to welcome Jackie to Coro. Her enthusiasm and extensive leasing experience is expected to continue Coro on the path as a leader in the industry,” says John Lundeen, CEO of Coro. “She shares our vision for developing quality properties that enhance the goals of our clients and enhance the community.”
As Vice President, Wammock will supervise the Coro leasing staff and manage out-of-state brokers.
Wammock brings with her more than 20 years of experience in retail leasing and shopping center development to Coro. She most recently served simultaneously as Senior Vice President for Atlanta based Ronus Properties and Director of Real Estate for Harold’s Stores, Inc, a high end specialty apparel retailer based in Dallas, Texas. Her experience also includes serving as Senior Vice President and Director of Leasing for CNM and Vice President of Leasing at Branch Properties.
The addition of Wammock to Coro will once again team her with Coro CEO, John Lundeen and Vice President Patti Pearlberg who had previously worked with Wammock during her tenure with Branch Properties.
A graduate of Georgia Southern University, Wammock is an ICSC Certified Leasing Specialist, Member of the International Council of Shopping Centers, and The Real Estate Group of Atlanta.
About Coro Realty Advisors
Coro Realty Advisors, headquartered in Atlanta, is noted for identifying strategically located properties and working to maximize their potential through development, redevelopment management and leasing. Coro was founded in 1997 and currently oversees a diverse portfolio consisting of over 3 million square feet of commercial space, including retail, office and industrial, and over 1,500 residential units. For more information, please visit www.cororealty.com.
For More Information Please Contact:
Teresa Pastore
Coro Realty Advisors, LLC.
3715 Northside Parkway
400 Northcreek – Suite 100
Coro Realty Advisors, LLC.
3715 Northside Parkway
400 Northcreek – Suite 100
Atlanta, Georgia 30327
(404) 846-4002
(404) 846-4002