Retail Shopping Center Sells For $34 Million

Atlanta, Georgia - We have some Commercial Real Estate news for the Atlanta area.
Coro Realty Services LLC has purchased an excellent piece of Retail Space in Midtown Atlanta.

The Coro Realty group bought Midtown Place from The Sembler Co. for $34.4 million. This transaction includes assumption of a $17.9 million Commercial Real Estate Loan.
The Property was not being shopped by Sembler Co. However the 256,712 square-foot Retail Shopping Center at Ponce de Leon and Lakeview avenues was highly desirable.


Midtown Place is anchored by The Home Depot Inc. and Whole Foods. A Borders Bookstore is located in Midtown Place at 650 Ponce De Leon Avenue. Staples and Baskin Robbins also have a Leased Unit in Midtown Place Retail Strip Center.
It does not appear that the Class A Retail Shopping Center has Lease opportunities available.

If you feel this is the right time to invest in Commercial Real Estate, Apartment Buildings, Net Lease Property or a Retail Shopping Center then CONTACT US HERE. We can also assist you with your Commercial Real Estate Mortgage and Non-Recourse Loan to purchase a new property.

Homewood Suites by Hilton Opens in Orlando

ORLANDO, Florida - Homewood Suites by Hilton announced the opening of its newest property in Orlando. The huge, seven-story, 130-suite hotel is owned and managed by Kalson’s Hospitality, Inc.
The location of the Hotel is at 11428 Marbella Palm Court, in expanding Orlando. This hotel is conveniently situated just 17 miles away from the Orlando International Airport and one mile from Walt Disney World theme parks and Downtown Disney.
Homewood Suites by Hilton - Lake Buena Vista/Orlando will offer studio, one and two bedroom suites, and five handicap-accessible suites.
The hotel also offers a Caribbean-style swimming pool, sports court, spa, video game room. It also will be sporting 5,800 square feet of flexible meeting space, at the adjacent Hilton Garden Inn Conference Center.
Our staff at NNN Commercial Real Estate, enjoy staying at Hilton Garden Inn, especially in the Atlanta Perimeter.