For Immediate Release
June 8, 2011
Atlanta - Coro Realty Advisors, LLC announces the execution of two new leases at Buckhead Place located at the corner of Peachtree and Piedmont Roads, in the heart of Buckhead. LA Fitness will expand its existing space from 28,347 SF to 53,143 SF, adding basketball, racquetball and a pool to its facility and Pier 1 will occupy the 11,000 SF space adjacent to Marshalls, previously occupied by Kitchenaide. Buckhead Place, a 15 acre mixed use project, includes not only these first class retailers, but also Gordon Biersch Restaurant and Brewery, the luxury high-rise apartment building O5 Buckhead and Hyatt Place hotel. Long term plans for Buckhead Place include the development of additional retail, hotel, residential and office.
According to Patti L. Pearlberg, Coro Realty’s Vice President, “We are thrilled to welcome Pier 1 to the retail component of our mixed use project. Pier 1 has been a stalwart in Buckhead’s home furnishing market for many years and is a great complement to Marshall’s. LA Fitness has served its clients well since locating to Buckhead Place and the expansion is a natural evolution of its industry and commitment to its customers.”
According to John Lundeen, Coro Realty’s President, “The expansion of LA Fitness and the addition of Pier 1 fit perfectly into the long term vision for Buckhead Place. Coro, through its varied clients, has invested in and believed in Buckhead since the 1970’s. The corner of Piedmont and Peachtree is considered a core asset for our organization and adding these quality retailers to the mix underscores our commitment to the residential and business community in Buckhead.”
Coro Realty Advisors, LLC was founded in 1997 and is synonymous with Atlanta and Southeastern real estate with intelligent real estate development and investment. With a commitment to 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 on this property please visit
www.cororealty.com/properties/buckhead-place or contact:
Coro Realty Advisors, LLC.
3715 Northside Parkway
400 Northcreek – Suite 100
Atlanta, Georgia 30327