North American Properties Announces Tenants for Avalon Phase 1 in Alpharetta, GA

Avalon, Alpharetta, GA

ATLANTA (Oct. 5, 2012) – North American Properties (NAP) today announced new tenants for Avalon, a $600 million resort-inspired, mixed-use development underway in Alpharetta, Ga.

NAP also announced that more than half of the Phase 1 retail space is committed, with an additional 25 percent in negotiation. Avalon is scheduled to open April 2014.

“Avalon will deliver a purposefully designed experience in the art of living well,” said Mark Toro, managing partner for NAP. “Imagine stepping into a retail environment that feels and delivers like a five-star resort. Your every need is anticipated and every indulgence fulfilled. Avalon's completely unique guest and resident experience has already attracted best-in-class restaurants and retailers toopen their first suburban Atlanta locations here and we expect other like-minded brands to follow suit.”

Mark Toro

“In order to compete with e-commerce, we must deliver an exceptional experience,” said Ron Pfohl, partner and director of leasing at NAP. “By creating a mixed-use development with energy and round-the-clock activity, we will make each guest’s visit memorable. We are thrilled with the tenants we have signed, as they will contribute meaningfully to the overall experience at Avalon.”

 For a complete copy of the company’s news release and a rundown on the new tenants, please contact:

Elizabeth Hagin

O: 404-965-5023

C: 678-642-4301

@elizabethhagin