A real estate investment and management firm in Atlanta is adding to its portfolio with several new self-storage developments.
The properties are part of the portfolio of Coro Realty Advisors, alongside its retail, multifamily and industrial investments, according to a news release.
The recent deals include Auburn Avenue Storage in Columbus, Lake Lanier Storage in Flowery Branch, Ridgewalk Storage in Woodstock and Georgetown Storage in Dunwoody.
The Auburn Avenue Storage project is a three-story building with 57,000 leasable square feet of climate-controlled storage space. It is adjacent to Cross Country Plaza shopping center.
Lake Lanier Storage in Flowery Branch is under construction near I-985 and Lake Lanier. The two-story facility will include 75,000 leasable square feet of climate-controlled storage and 49,000 square feet for boat and vehicle storage.
Coro Realty recently acquired the land for Ridgewalk Storage in Woodstock, set to commence construction this fall. It will include 83,000 leasable square feet across two stories and a basement.
Georgetown Storage in Dunwoody is in the planning stage. The four-story facility behind the Kroger-anchored Georgetown Shopping Center will feature approximately 120,000 leasable square feet of storage space.
“Our strategic expansion in the self-storage sector reflects Coro’s commitment to identifying and capitalizing on unique opportunities in the real estate market,” Coro Realty Advisors President and Managing Partner Robert Fransen said. “These developments align with our vision of maintaining a diversified portfolio while delivering quality assets to our investors and communities.”
Coro Realty was founded in 1997. The company oversees approximately 60 properties.
