Coro Realty Advisors will Welcome Aldi to Buckhead Pavilion

ATLANTA, GA – Coro Realty Advisors announces the execution of a lease agreement with Aldi on a 42,361 square foot space at Buckhead Pavilion, the former Sports Authority space. Andrea Kenney represented the landlord in the transaction; Aldi was represented by Kirk Buttle with CBRE.

The 42,361 square foot space became available a few months after Sports Authority announced its bankruptcy filing early last year. “We were a little disappointed by the announcement from Sports Authority.” stated Coro Realty’s Vice President, Patti Pearlberg. “When deciding on a replacement, one of our main goals was to make sure we brought in a tenant that would be a good fit. There are a couple of supermarkets in the area, but we believe Aldi will bring a nice variety to the Buckhead grocer market. ” Pearlberg continued. Aldi signed a lease for the entire space, but does plan to sublease a portion of the space to another tenant.

Buckhead Pavilion, located at the intersection of Peachtree Road and Maple Drive, is the current home to PetSmart, CVS Pharmacy, Modani Furniture, and Berkshire Hathaway HomeServices.

Aldi, a German-based discount supermarket, is currently operating over 50 stores in the state and over 1,600 in the country.

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.

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

Coro Realty Acquires Midtown Portfolio in Atlanta, GA

ATLANTA – April 28, 2017 – Coro Realty Advisors, an Atlanta-based retail owner and operator, announced today that it acquired The Shops at Spire in Midtown Atlanta, GA. This property represents the final piece of a Midtown retail and parking portfolio previously owned by The Loudermilk Companies. The purchase was brokered by Kenny Holzer and Elliot Kyle of Skyline Seven.

The Midtown portfolio contains 87,905 square feet of ground-floor retail and over 600 parking spaces in five residential condominium buildings, as well as a nearby parking lot. The properties include retail space at 800 Peachtree, 805 Peachtree, Shops at Seventh, Shops at Spire and Shops at Viewpoint. National tenants at these properties include Starbucks, BB&T, Sprint and Atlanta’s first urban QuikTrip. Other notable tenants include Einstein Brothers Bagels, Fresh 2 Order and World of Beer.

When added to Coro Realty’s Gordon Biersch at 848 Peachtree Street, the portfolio gives Coro Realty control over almost all of the public parking and retail on Peachtree Street between 5th and 7th Streets.

As a part of this transaction, Coro Realty also acquired a 0.12 acre parcel on Juniper Street. The parcel is zoned SP-16, allowing for high density development as part of a larger future land assemblage.

“We see this deal as a long-term play for Coro Realty and its investors. This is a strategic investment in Midtown’s continued growth and densification.” stated Robert Fransen, Partner at Coro Realty. “It’s hard not to be optimistic about Midtown right now,” Fransen added.

The Midtown portfolio is part of Coro Realty’s strategy to purchase and develop High Street Retail. The Midtown portfolio joins similar Coro Realty properties like The Brookwood, Glenwood Park, Hanover Perimeter, Inman Quarter and Parkview on Peachtree.

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.

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

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McKibbon Hospitality, Coro Realty to Build Hampton Inn & Suites by Hilton in Buckhead

Courtesy of John Nelson
REBusiness ONLINE- August 30, 2016
See Full Article - http://rebusinessonline.com/mckibbon-hospitality-coro-realty-to-build-ha...

ATLANTA — McKibbon Hospitality has teamed up with Coro Realty Advisors to develop a new 186-room Hampton Inn & Suites by Hilton in Atlanta’s Buckhead district. The 108,659-square-foot hotel will be situated on Piedmont Road within Buckhead Place, Coro Realty’s mixed-use center that features an LA Fitness, Marshall’s, Pier One, Hyatt Place and the 05 Buckhead apartment tower. McKibbon Hospitality has selected Sarasota, Fla.-based Kellogg & Kimsey as the general contractor. The development team expects to break ground on the hotel in September.

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McKibbon Hospitality, Coro Realty to Build Hampton Inn & Suites by Hilton in Buckhead

Coro Realty Advisors Announces the Sale of Village Place Brookhaven

August 5, 2016 - Coro Realty Advisors, LLC, an Atlanta-based retail owner and operator, announces the sale of Village Place Brookhaven to Westwood Financial. Village Place Brookhaven is a mixed-use development located in Atlanta’s Brookhaven community on Dresden Drive. The property features 34,789 square feet of retail space on the ground level with luxury residential and office condominiums directly above. Village Place Brookhaven was purchased by a Coro-sponsored investment group in 2012 and reached 100% occupancy during the first year Coro owned the property. Full occupancy was maintained through closing. The development is anchored by the successful restaurants Kaleidoscope and Verde.

Coro Realty Advisors, LLC was represented by the CBRE team of Chris Decoufle and Kevin Reavey in the sale. Patti Pearlberg, Vice President and Partner at Coro, indicated the sales team did an excellent job marketing the property and brought a very qualified buyer to the table. “Westwood was a wonderful buyer to work with, and we congratulate it on its purchase in this thriving area of Atlanta. Village Place has proven an excellent investment for our clients, one we hope to duplicate in the future.”

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 Westwood Financial Corp.
For over forty years, investors have turned to Westwood Financial Corp. for proven returns on strategic real estate investments. Under the direction of founders Howard S. Banchik and Steven J. Fogel, the company has successfully acquired and sold hundreds of income-producing properties, generating substantial profits for its partners. In the process, Westwood Financial Corp. has earned a reputation and longevity that is unparalleled in the shopping center world.

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

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Coro Realty Sells Riverstone Mill

Transwestern’s Southeast Investment Services Group today announces it brokered the disposition of Riverstone Mill for $5.7 million, or $132 per square foot. South Carolina-based South Coast Commercial acquired the 43,350-square-foot, ALDI-anchored shopping center at 553 Riverstone Parkway in Canton, Georgia, a northwest suburb of Atlanta. Transwestern Vice President Fred Victor represented the seller, Coro Realty Advisors LLC, in the transaction.

“Riverstone Mill’s long-term tenancy, strong anchor performance and exceptional returns made it a compelling investment,” said Victor. “In addition, at 87 percent occupancy, the property offers value-add opportunity through lease up.”

Riverstone Mill was developed in 2002 to institutional-quality standards, featuring prominent signage, convenient egress/ingress and excellent curb appeal. The property is located 1 mile from Exit 20 on Interstate 575, across the street from the 315-unit Canton Mill Lofts and 0.5 miles from Northside Hospital-Cherokee, in one of Cherokee County’s well-known retail nodes.

Riverstone Mill is situated in Cherokee County’s most affluent residential neighborhood. With a total population of 227,943, Cherokee County is Georgia’s fifth fastest-growing county, experiencing population growth of 315 percent from 1980 to 2010.

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 TRANSWESTERN’S SOUTHEAST INVESTMENT SERVICES GROUP
Transwestern’s Southeast Investment Services Group (Southeast ISG) combines capital markets and investment banking expertise, local market knowledge and proven transaction execution to provide strategic disposition services for multifamily, office, retail, industrial and land assets located in Alabama, Georgia, Florida, Mississippi, North Carolina, South Carolina and Tennessee. Based in Atlanta with an office in Miami, Transwestern’s Southeast ISG has established a successful track record for maximizing value and creating lasting relationships with clients that range from local entrepreneurs to the largest corporations in the country.

ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Management, Tenant Advisory, Capital Markets, Research and Sustainability services, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 180 offices in 37 countries as part of a strategic alliance with BNP Paribas Real Estate.

- See more at: http://atlanta.citybizlist.com/article/365941/south-coast-commercial-acq...

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Coro Realty Sells Riverstone Mill

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