Coro Realty is expanding their metro Atlanta portfolio with the acquisition of a large retail center in Cobb County.
Noonday Creek Crossing in Kennesaw is more than 153,000 square feet. The fully leased commercial center at 2911 George Busbee Parkway includes tenants like Burlington, PGA Tour Superstore and Medici Medical Arts Center.
It is less than a mile from Kennesaw State University and near the Town Center at Cobb, the second most-visited retail center in the state, according to a press release.
Coro Realty will focus on building improvements and enhancing the guest experience, aligning “with the real estate development and investment firm’s commitment to creating thriving retail environments and maximizing the potential of each asset in its portfolio,” according to the press release.
“Noonday Creek Crossing represents a prime investment opportunity in a location with exceptional growth potential,” Coro Realty President and Managing Partner Robert Fransen said in a press release. “We are excited to execute our value-add strategy, enhancing the property and creating lasting value for our investors.”
Coro Realty acquired Noonday Creek Crossing from an affiliate of Fletcher Bright Company. The retail center was built in 1996 and renovated in 2005.
Atlanta-based Coro Realty oversees approximately 50 properties.
1 Response
Sounds like a great program!
Hopefully it will be a win-win for all involved.
However, Midtown (as well as some other areas in the city), should address why they have an
abundance of vacant storefronts to begin with.
Phingbodhipakkiya– that’s quite the name!