Wednesday, September 29, 2010 - 11:20am

Coro Realty Closes $12,600,000 loan for Chapel Square Shopping Center

ATLANTA, GA – Coro Realty Advisors, LLC, an Atlanta-based leader in the development, management and repositioning of office, residential and retail properties, is pleased to announce the refinancing of Chapel Square, a 138,246 square foot shopping center in Avon, CO. 

The transaction was financed by Ladder Capital Finance, LLC and arranged by Northmarq Capital.

Robert Paul Fransen, Executive Vice President of Coro Realty said, “We are pleased to see that liquidity remains for quality assets, and gratified by Ladder Capital and Northmarq’s diligent, quick and collaborative approach to closing this transaction.”

Chapel Square is anchored by Office Depot, Pier One, Sports Authority and Wells Fargo.

About Coro Realty Advisors

Coro Realty Advisors is a full service development, investment and real estate advisory company.  It manages properties for third parties and invests its own capital in joint venture transactions. Coro focuses on identifying strategically located properties, and working to maximize their potential through development, redevelopment, active management and leasing. Coro was founded in 1997, and currently oversees a diverse portfolio consisting of over two million square feet of commercial space, including retail, office and industrial, and over 1,500 residential units.  For more information, please visit www.cororealty.com.

For More Information Please Contact:

Teresa Pastore
Coro Realty Advisors, LLC
3715 Northside Parkway
400 Northcreek - Suite 100
Atlanta, Georgia  30327
(404) 846-4002

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