Coro Realty Acquires North Point Village Phase I in Alpharetta

Staff Report From Metro Atlanta CEO

Tuesday, April 5th, 2016

Coro Realty Advisors, an Atlanta-based retail owner and operator, announced that it acquired North Point Village Phase I, a 57,219 SF retail center in Alpharetta, Georgia.  The property was purchased in an off-market transaction coordinated by John Speros and Sean Patrick of Ackerman & Co.

North Point Village Phase I is anchored by Talbots, Jos A. Bank, Ann Taylor Lofts, Lane Bryant and Leaning Express.  North Point Village is located at 7300 North Point Parkway, across the street from North Point Mall.

Coro Realty intends to continue North Point Village's emphasis on apparel tenants while adding more services designed to increase cross-shopping and "destination" retail.  Coro Realty is working with the Hungry Peach to open its third Atlanta location and with a high-quality nail salon at North Point Village.