Coro Realty Advisors and Easlan Capital to Develop 48,000 Square Feet of Retail at Johnsons Ferry and Ashford Dunwoody Roads
ATLANTA - May 7, 2013 - Coro Realty Advisors (www.cororealty.com) and Easlan Capital (www.easlancapital.com) announced today that they will develop the retail component of the Heights at Brookleigh, a mixed-use development including a retirement community and over 400 apartments, townhomes and single family homes. The property, known as Brookleigh Marketplace, will contain approximately 48,000 square feet of retail. The property's location at Johnsons Ferry Road near Ashford Dunwoody Road has remained undeveloped for some time and has been widely pursued. Coro will lease and manage the property. Easlan will supervise the development and construction.
"We are enthusiastic about bringing this product to our site," said Kent Levenson, President of Easlan. Easlan assisted the Worthing Company and Norsouth in the design and rezoning of the property. "Brookleigh Marketplace's design, new construction and strategic location enable us to fill a niche not currently served by the older retail properties in the area. The talented, seasoned individuals working at Coro and Easlan are in tune with this market and are the best suited to maximize the potential of this unique location." Easlan Capital specializes in the design, zoning, and development of mixed use properties, most notably the St. Regis Plaza, Terminus, and Glenridge Springs Projects in Atlanta.
Brookleigh Marketplace is planned to include 2 outparcels and approximately 27,000 square feet of in-line space in two to three buildings. Coro and Easlan are targeting restaurants and a variety of neighborhood retail uses for the property.
Robert Fransen, Partner of Coro, commented, "Coro is committed to enhancing the retail experience in Atlanta, and is excited about adding to the value created in this area by the recent construction of several residential developments. We believe that Brookleigh Marketplace will be a vibrant addition to the Brookhaven community."
Coro Realty Advisors, LLC was founded in 1997 and is synonymous in Atlanta and the Southeast with intelligent real estate development and investment. With a commitment to smart growth, the urban landscape, and innovation, incorporating distinctive architectural designs and the latest in building trends and technology, Coro continues to demonstrate its leadership in the market with the successful execution of quality developments. The firm provides Asset Management, Property Management and Real Estate Advisory Services for a myriad of residential and commercial properties throughout the Southeastern United States.
Easlan Capital was organized in 1982 for the purpose of developing, managing, leasing, and acquiring commercial and multi-family projects in South Carolina, North Carolina, Tennessee and Georgia. Easlan Capital of Atlanta, Inc. opened its offices in Atlanta in 1986 and to date the three offices in Greenville, Charlotte, and Atlanta have developed over 7,000 apartment units and over 3 million square feet of office, retail, and industrial throughout the Southeast. Ten years ago, Easlan Capital created an investment services division to facilitate brokerage and equity placement services on behalf of our clients. Over the last eight years, Easlan Capital has closed in excess of $600 million in investment real estate transactions.
For more information on this property please contact:
Coro Realty Advisors, LLC.
3715 Northside Parkway
400 Northcreek – Suite 100
Atlanta, Georgia 30327