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.