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:
Coro Realty Advisors, LLC.
3715 Northside Parkway
Building 400, Suite 100
Atlanta, Georgia 30327