ATLANTA (December 19, 2018) – Coro Realty Advisors announces the acquisition of The Shops at Amelia Market, located at 4800 First Coast Highway, Fernandina Beach, FL. The Shops at Amelia Market is a 75,221 square foot shopping center on 8.67 acres. The property is anchored by a recently-expanded, 53,000 square foot Harris Teeter. The Shops at Amelia Market was recently expanded to add 12,733 square feet of inline shop space. The property is currently 89% leased.
John Lundeen, Managing Partner of Coro Realty, stated “The Shops at Amelia Market’s strategic location on Amelia Island was what attracted us to this investment. The location serves as a convenient shopping destination for the market’s seasonal and permanent populations.” The Shops of Amelia Market will be held as part of Coro’s long-term, grocery-anchored portfolio, which includes similar properties in Alabama, Florida, Georgia and Tennessee.
About Coro Realty Advisors (www.cororealty.com)
Coro Realty Advisors, LLC was founded in 1997, and is synonymous in Atlanta and the Southeast with intelligent real estate development and investment. The firm engages in Investment, Asset Management, Leasing and Property Management for a myriad of residential and commercial properties throughout the Southeastern United States.