Coro Realty Announces the Acquisition of a Stake in Parkview on Peachtree

Coro Realty Advisors, LLC announces the acquisition of a 50 percent ownership stake in Parkview on Peachtree’s retail and office. Parkview on Peachtree is a mixed-use retail, restaurant, office and residential development in the Chamblee/Brookhaven area of Metro Atlanta. The development will consist of approximately 40,000 square feet of street-front boutique shops, casual cafes and restaurants, 14,000 square feet of loft office space, and 503 planned luxury multifamily units (303 units in Phase I, and approximately 200 in Phase II). The property is located at the intersection of Peachtree Boulevard and Clairmont Road.

Parkview on Peachtree has been designed with walkability and an active lifestyle in mind, adjacent to a network of walking/fitness trails and parks. The property is in a vibrant portion of Peachtree Boulevard and is conveniently located within close proximity of Chamblee MARTA station via Chamblee Rail Trail, a Whole Foods-anchored shopping center, Lowe’s and Wal-Mart Supercenter.

To learn more about Parkview on Peachtree, visit www.parkviewonpeachtree.com and follow the project via Facebook, Twitter and Instagram.

Coro Realty Advisors was founded in 1997 and is synonymous in the Southeast with intelligent real estate development and investment. The firm provides Asset Management, Investment, Property Management and Real Estate Advisory Services for a myriad of residential and commercial properties throughout the Southeastern United States.

CONNOLLY, which conceived Parkview on Peachtree and is developing its retail and office space, is a premier real estate developer and investor in the Southeast. Spruce Street Partners, a CONNOLLY company, focuses on real estate investments such as Parkview on Peachtree, the Southeast’s new model for mixed-use design.

For more information on this property contact:

Kristian Hayden
Coro Realty Advisors, LLC
3715 Northside Parkway
400 Northcreek – Suite 100
Atlanta, Georgia 30327
(404) 846-4000
www.cororealty.com

Jason Gilbreth
Media Contact for CONNOLLY
(404) 214-0722 Ext. 114
www.parkviewonpeachtree.com

Coro Realty Advisors will Welcome Emory Primary Care to 2200 Peachtree

ATLANTA, GA – Coro Realty Advisors announces the execution of a lease agreement with Emory Healthcare at the 2200 Peachtree Road building, former Justin’s Restaurant and Bar. Bart Cross represented the landlord in the transaction; Emory was represented by Bruce Propst with Cushman and Wakefield.

The 2200 Peachtree building has remained vacant since the former restaurant closed in 2014. According to Patti Pearlberg, Coro Realty’s Vice President, “We were looking for a long term tenant that would fit the needs of the area and community. We believe Emory is the perfect tenant for this location and we are very pleased we were able to come to an agreement with Emory Healthcare for their new facility.”

2200 Peachtree, located at the intersection of Peachtree Road and Colonial Homes Drive, includes 2 freestanding facilities, the 6,500 square foot building leased to Emory and a Wells Fargo branch, which extended their lease as part of the transaction.

Emory plans to open its doors by the end of the year and will focus on primary and specialty care. The building will go through a complete renovation designed by May Architecture + Interiors, which Emory plans to begin as soon as they receive necessary permitting. Emory Healthcare is the most comprehensive academic health care system in Georgia and the only health network in the state that brings together a full range of hospitals, clinics and local practices, Emory Healthcare is committed to providing patients and families with better, more collaborative care for all of their medical needs.

Coro Realty Advisors was founded in 1997 and is synonymous in the Southeast with intelligent real estate development and investment. The firm provides Asset Management, Investment, Property Management and Real Estate Advisory Services for a myriad of residential and commercial properties throughout the Southeastern United States.

For more information contact:

Kristian Hayden
Coro Realty Advisors, LLC
3715 Northside Parkway
400 Northcreek – Suite 100
Atlanta, Georgia 30327
(404) 846-4000
www.cororealty.com

Meet North + Line, the new $60 million mixed-use project replacing the Masquerade

Courtesy of Max Blau
Atlanta Magazine - April 29, 2016
See Full Article - http://www.atlantamagazine.com/news-culture-articles/meet-north-line-new...

When the Masquerade first opened in 1989, the North Avenue rock club gave people a reason to visit what was then an unremarkable and unsafe industrial corridor. The Masquerade, housed within an old mill that for decades chopped wood into slivers for packaging, boasted three stages, cleverly named Heaven, Hell, and Purgatory. But a decade ago, the Old Fourth Ward started to change: The venue’s parking lot became Historic Fourth Ward Park, City Hall East reopened as Ponce City Market, and luxury apartments popped up along the Atlanta BeltLine’s Eastside Trail. Gradually, the music venue that made many Atlantans care about the area became destined for displacement.

This coming Monday, the project replacing the Masquerade, a $60 million mixed-use development called North + Line, will break ground. Once finished in April 2018, a new eight-story building will offer 228 luxury apartments with BeltLine access, a pool with a skyline view, and a neighborhood tavern. The mill itself will be renamed Mill Marketplace, and instead of a grimy club, you’ll find a chef-driven restaurant, as well as retail shops.

In 2005, Dean Riopelle, the one-time head of the Masquerade who died three years ago, sold the Excelsior Mill to Vinings-based developer Southeast Capital Companies for $4 million. Jay Clark, the firm’s founder and CEO, originally planned to demolish the building at a time when both the BeltLine and Historic Fourth Ward Park were nothing more than plans.

PGM Properties, Coro Realty Advisors and Regent Homes to Develop Mixed-Use Project in Nolensville, TN

April 27, 2016 - PGM Properties, LLC, a Brentwood, TN-based multifamily and retail developer, Coro Realty Advisors, LLC, an Atlanta-based retail owner and operator, and Regent Homes, one of Nashville’s largest homebuilders, purchased a twenty-two acre parcel at the corner of Burkitt Road and Nolensville Pike in Nolensville, TN. The group plans to develop the site at 7022 Nolensville Pike into a mixed-use project consisting of approximately 200 housing units and 36,000 square feet of retail space. PGM Properties and Coro Realty will oversee the property’s retail portion, tentatively called the Shoppes at Burkitt Place, and Regent Homes will lead the residential development. Site work is expected to commence in the third quarter of 2016.

PGM Properties plans to sign service and amenity tenants, such as restaurants, medical uses and shops. “That area is just exploding. It is coming into its own, particularly with the growth of Nashville. We see a significant retail need there,” said John McReynolds, principal of PGM Properties.

Regent Homes plans to price the Townhomes between $230,000 and $300,000 and the condos are slated to cost from $170,000 to $200,000. Smith Gee Studio will perform the project’s design and architecture work and the project’s engineering portion will be led by Civil Site Design Group.

About PGM Properties
PGM Properties is a full-service commercial development, leasing and management company focusing on quality retail shopping centers. With over 75 years of direct commercial real estate experience among its four principals, PGM Properties possesses the dedication and experience to carry projects from inception to completion.

About Coro Realty Advisors
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.

About Regent Homes
Regent Homes has been building new homes since 2000 in the Nashville Market. The company believes in building quality, energy efficient homes at a fair price with follow-through after the sale. Regent Homes credits its success to its team of experienced and dedicated employees who take pride in each and every Regent home built.

Coro Realty Acquires North Point Village Phase I in Alpharetta, GA

ATLANTA – April 4, 2016 – Coro Realty Advisors, an Atlanta-based retail owner and operator, announced today that it acquired North Point Village Phase I, a 57,219 SF retail center in Alpharetta, Georgia. The property was purchased in an off-market transaction coordinated by John Speros and Sean Patrick of Ackerman & Co.

North Point Village Phase I is anchored by Talbots, Jos A. Bank, Ann Taylor Lofts, Lane Bryant and Leaning Express. North Point Village is located at 7300 North Point Parkway, across the street from North Point Mall.

Coro Realty intends to continue North Point Village’s emphasis on apparel tenants while adding more services designed to increase cross-shopping and “destination” retail. Coro Realty is working with the Hungry Peach to open its third Atlanta location and with a high-quality nail salon at North Point Village.

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.

Nolensville's surging population sparks a jolt of retail

Courtesy of Adam Sichko
Nashville Business Journal - March 18, 2016
See Full Article - http://www.bizjournals.com/nashville/blog/2016/03/nolensvilles-surging-p...

Developers from Brentwood, Nashville and Atlanta are combining for a mixed-use project on Nolensville Pike that will include $48 million worth of residential development and $9 million of retail. Put another way, it'll be 200 housing units (mainly town homes, but also a few dozen condos) as well as 36,000 square feet of retail.

The Census Bureau says Middle Tennessee is seeing, on average, a net gain of almost 100 people every day, including newborns and people relocating here. Increasingly, those moving vans are heading to places like Nolensville — which has quickly emerged as a lower-cost alternative to Brentwood and Franklin. The town's population has grown roughly 25 percent since 2010, to about 7,500 people. That population is projected to double by 2025, which is why the town has three schools under construction ( as seen on our Williamson Watch map). The town is in a great location, basically halfway between Interstates 65 and 24, and it's just about the same drive to downtown as it is to hit State Rte. 840.

Enter Brentwood-based PGM Properties LLC, which is overseeing the retail piece of the proposed Shoppes at Burkitt Place, at 7022 Nolensville Pike. PGM is teaming with Atlanta-based Coro Realty Advisors on its piece of the 22-acre site.Regent Homes, one of Nashville's largest homebuilders, is spearheading the residential piece.

Coro Realty Acquires 218 Peachtree Street in Downtown Atlanta

ATLANTA – January 12, 2016 – Coro Realty Advisors, an Atlanta-based retail owner and operator, announced today that one of its affiliates acquired 218 Peachtree Street. The property is a 356-space parking garage with 34,000 square feet of retail and office space. It also includes three digital billboards. The project is located at the northwest corner of Peachtree St. and Andrew Young International Blvd. in the heart of Atlanta’s Central Business District. Within walking distance are many of Atlanta’s major tourist attractions, including Centennial Olympic Park, the Georgia Aquarium, the World Congress Center, the CNN Center, the World of Coca Cola and the College Football Hall of Fame.

The property is anchored by SP Plus Corporation, North America’s largest parking operator. Notable retail tenants include Pitty Pat’s Porch, Fire of Brazil and Jalapeno Charlie’s.

218 Peachtree is part of Coro Realty’s long-term strategy to acquire and develop urban properties in rapidly growing areas. “218 Peachtree is well positioned to capitalize on Atlanta’s growing convention and tourism sectors. We also expect it to benefit from Downtown Atlanta’s overall commercial and residential resurgence,” said Robert Fransen, Partner at Coro Realty.

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.

Brookhaven Provisions combines favorites from Café at Pharr and the Hungry Peach catering

Courtesy of Carly Cooper
Atlanta Magazine - November 30, 2015

Johnny Liu’s Baci may have closed at Town Brookhaven, but the chef and restaurateur is not giving up on the area just yet. Owner of Café at Pharr and the Hungry Peach catering, he plans to open a Star Provisions-style spot called Brookhaven Provisions in the Brookleigh Marketplace in January. “We want to make it feel like it’s a family-style marketplace,” he says.

Offerings will include favorites from both the Café at Pharr and the Hungry Peach menus, focusing on sandwiches and salads. Dishes include chicken salad, chopped salad, banh mi, meatloaf sandwich, chicken pesto sandwich, and a Southern BLT with homemade pimento cheese and house-cured bacon. There will be a deli counter with dry-aged meats, and a grab-and-go cooler with marinated mushrooms, salad dressings, cole slaw, and ham and cheese biscuits. Beer and wine will be available, sold primarily by the bottle. Liu says he’s considering offering weekend brunch with items like waffledogs and multigrain pancakes as well.

The 3,200-square-foot space will be Liu’s largest yet and include a 50-seat patio and an open kitchen. “It’ll be a mix between modern and rustic with a lot of wood and crazy milling where the wine wall will be,” he says. “The counter showcase area will be the gem of the place.”

- See more at: http://www.atlantamagazine.com/dining-news/brookhaven-provisions-combine...

Coro Realty Purchases Land on Wieuca Road for a Single Home Development Project

ATLANTA - Coro Realty Advisors, LLC announces the purchase, together with Southeast Capital Companies and Atlantic Investors Group, of 8.4 acres located in Chastain Park, Atlanta, GA. Southeast Capital Companies, an Atlanta-based real estate and development group, will oversee the project’s development and construction.

The property will consist of 30 to 38 single family homes tailored to both established families and empty nesters. Homes will have open layouts with 10’ ceilings and will feature gourmet kitchens, including solid-surface countertops, high-end cabinetry and tile backsplashes. The property is just west of the Wieuca Road and Roswell Road Intersection, located near Chastain Park, a highly sought after neighborhood north of Buckhead.

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.

Kristian Hayden
Coro Realty Advisors, LLC.
3715 Northside Parkway
Building 400, Suite 100
Atlanta, Georgia 30327
(404) 846-4000
www.cororealty.com

Southern Custard to open in Brookhaven’s Brookleigh Marketplace

Courtesy of Carly Cooper
Atlanta Magazine - October 19, 2015

When it comes to ice cream, Atlanta has boundless options (Jenis! Morellis! High Road!). Frozen custard? Not so much, which is why husband-and-wife team Matthew and Heather Mohalski are opening Southern Custard on the corner of Ashford-Dunwoody and Johnson Ferry roads in the Brookleigh Marketplace.

Southern Custard will be a family-friendly custard shop serving this Midwest staple, which is not unlike ice cream, except that it's whipped with eggs. “It’s a very rich, very dense product with a creamy smooth mouth feel,” says Matthew Mohalski, who previously spent 14 years as a bartender at Maggiano’s.

Coming in cups, cones, and frozen pies, flavors include classic vanilla, super chocolate, and one or two rotating flavors like raspberry, cookies and cream, or rocky road. They will make waffle cones in house, as well as whipped cream and pies like pumpkin custard. Patrons will be able to order malts, shakes, concretes, sundaes, and more.

As a child, Matthew remembers visiting Milwaukee's Leon’s Frozen Custard, where people would line up to enjoy the treat, even when it was snowing. When he decided to bring that thrill to families in Atlanta, he and his wife enrolled in Wisconsin's Frozen Dessert Institute to learn the craft. The 1,300-square-foot space will have a cozy, whimsical feel. “We’re trying to create that nostalgic feel with a modern bend,” he says. To do so, the space will be decorated in warm colors, with wood and stainless steel elements.

- See more at: http://www.atlantamagazine.com/dining-news/southern-custard-to-open-in-b...