ATLANTA, GA – Oct. 4, 2011- Cassidy Turley, a leading commercial real estate services provider in the U.S., has been hired to lease the retail portion of The Lofts of Kennesaw (top left rendering), a new off-campus housing project adjacent to Kennesaw State University (middle right photo).The two-building complex will comprise 217 units of student housing with 803 bedrooms and 20,000 square-feet of street-level retail.
The project already is being well received by the KSU student population. Cassidy Turley’s Jack Arnold (lower left photo) and Rob Adamson (lower right photo) are spearheading the project’s retail leasing. They said the project is generating “tremendous interest.”
Cassidy Turley entered the Atlanta market on Sept. 1, when the company completed its acquisition of the brokerage and property management businesses of Carter.
Arnold and Adamson already have secured two retail tenants for The Lofts of Kennesaw. Approximately 8,000 square feet has been pre-leased to restaurants McCray’s Tavern and Blue Moon Pizza, and Cassidy Turley is actively working to secure final leases for the remaining 12,000 square-feet. The retail portion will deliver to tenants in late spring of 2012.
“This project offers the best of all worlds for retailers: excellent traffic counts, visibility and demographic features, plus a captive audience in the students directly above you as well as the traffic generated by the adjacent sports complex,” said Arnold.
Construction recently commenced on The Lofts of Kennesaw. Renderings of the two-building project were released this week, giving architectural perspectives for this project. The Lofts of Kennesaw is projected to be completed by mid-summer 2012 and ready for student occupancy by the start of the fall 2012 semester.
The Lofts of Kennesaw will provide an off-campus alternative for students with direct access to the sports complex across the street that currently includes the main stadium for the university’s soccer events, practice facility fields, intramural fields and home for Atlanta’s professional women’s soccer team, Atlanta Beat.
“This project offers a glimpse of the demand for student housing at Kennesaw State and will provide a captive audience for the retail space within the project,” said Adamson. “We are very excited about this development that will serve as a community where students can live, study and play.”
Please visit http://www.cassidyturley.com/ for more information about Cassidy Turley.
Contact:
Laura Dudebout
O: 404.965.5023
C: 678.642.4301
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