Saturday, August 4, 2012

Coro Realty Advisors Announces Acquisition of Village Place Brookhaven in Atlanta, GA

ATLANTA, GA /PRNewswire/ -- Coro Realty Advisors, LLC announces the acquisition of Village Place Brookhaven's retail, located at 1410 - 1438 Dresden Drive, Atlanta, Georgia  30319. 

Village Place Brookhaven is a mixed-use development containing the 34,789 square feet of retail space purchased by Coro and 41 luxury residences, office condominiums, live/work units and townhomes (not part of the purchase). 

 It includes established retailers like Natural Body, Kaleidoscope Bistro & Pub, J. Christopher's, The Mercantile, Verde Taqueria and Pour Wine Bistro.

Robert Fransen, Chief Investment Officer, believes that Village Place Brookhaven fits well with Coro's strategy of acquiring strategic infill properties. 

"We purchased this property due to its location in a growing area, its unique combination of retailers, its dynamic streetscape and its proximity to quality residential communities,” Fransen says.  “We expect the continued densification of this area to further enhance Village Place's fundamentals." 

Coro intends to hold the property for long term cash flow and value appreciation.  Village Place is located approximately ½ mile east of Peachtree Road in the heart of Brookhaven.

For a complete copy of the company’s news release, please contact:

Teresa Pastore
Coro Realty Advisors, LLC.
3715 Northside Parkway
400 Northcreek - Suite 100
Atlanta, Georgia  30327
(404) 846-4000

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