Coro Buys A Triple Helping Of Self-Storage: The Atlanta Deal Sheet
An Atlanta-based commercial real estate investor is beefing up its self-storage holdings in the metro area.
Coro Realty Advisors purchased several self-storage buildings over the past few months, including one at 1150 Terrell Mill Road in the East Cobb area of Cobb County from an LLC tied to Smyrna-based Shamrock Building Systems for $16.8M, according to a property sales tax record filed in the Georgia Superior Court Clerks’ Cooperative Authority database.
The 837-unit climate-controlled facility was delivered by the developer in December 2025.
Coro also bought a 715-unit facility at 400 Carpenter Road in Sandy Springs for an undisclosed sum. The Carpenter Road property transaction didn’t show up in deed records as of press time. Both facilities will continue to be operated by Space Shop Self Storage, according to a press release.
In addition, the firm purchased 2274 Northlake Center Drive, a 551-unit climate-controlled storage facility in Tucker, from an LLC attached to Roberts Commercial for $15.6M, according to GSCCCA records.
“We are focused on high-quality, Class A-plus properties with strong barriers to entry, where we can leverage our operational platform to drive lease-up, optimize performance and create long-term value,” Coro Executive Vice President Ansley Nixon said in the release. “Atlanta remains a core market for us, and we believe these assets are well-positioned to benefit from the region’s sustained population and economic growth.”
SALES
Miami-based COFE Properties purchased two Norcross-area industrial properties for $14.5M from an LLC tied to Atlanta-based Cygnus Capital, according to a property sales tax record filed in the GSCCCA database.
The properties include a 52,300 SF industrial building at 6443-6467 Warren Drive and a 60K SF facility at 1841-1859 Warren Place, both in Gwinnett County.
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Stockbridge-based YM Hospitality purchased the Hilton Garden Inn Atlanta Perimeter Center, a 193-room hotel in Central Perimeter, from Atlanta-based Noble Investment Group for $18.5M, according to a property sales tax record with the GSCCCA database.
Noble had purchased the hotel in 2018 for $28.5M, according to DeKalb County property records.
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CenterPoint Properties bought 934 Peeples Valley Road, a 251K SF property in Cartersville, for an undisclosed sum.
The warehouse was developed by Transwestern Development Co. in 2021 and is fully leased to an HVAC tenant, according to a press release.
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New York-based BGO acquired River Park 6, a 723K SF logistics facility in Jackson, and 101 Aquila Way, a 313K SF former data center in Lithia Springs, for undisclosed sums.
River Park 6 delivered in 2023 and is in the 4.4M SF River Park industrial complex along Interstate 75. The previous owner was listed as an LLC tied to Atlanta-based Fiduciary Trust Company International, according to Butts County records.
The 101 Aquila Way property was previously owned by Digital Realty, according to Cobb County records. BGO plans to convert the property into an industrial project for logistics and light industrial users.
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Elmington Residential paid Resia $73.25M for Resia Tributary, a 433-unit apartment community in Douglasville. The property at 1851 Market St. was developed by Resia and includes a 12,300 SF retail center.
JLL’s Peter Yorck, John Weber and Dean Shoham brokered the sale.
LEASES
Jeremiah’s Italian Ice has secured three new locations in Metro Atlanta. The franchise frozen treats operator leased 1,300 SF at Mableton Walk in Mableton, a 1,200 SF location at Mansell Village in Roswell, and a nearly 1,300 SF location at 3320 Buford Drive, across from the Mall of Georgia.
“Atlanta now represents the majority of Jeremiah’s Georgia footprint, with new development focused in high-growth suburban corridors. This area has been a key growth market for us,” Jeremiah’s CEO Michael Keller said in a release.
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Sangsin Technology America renewed 211K SF at 1559 Highway 155 S., an industrial complex in McDonough. Lee & Associates’ Matthew Reynolds, Trip Ackerman and Eunice Kwon brokered the deal for Sangsin.
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Atlanta-based CallRail inked 46K SF at 725 Ponce, the Cousins Properties-owned Class-A mixed-use office project above the Kroger store along the Atlanta BeltLine’s Eastside Trail, the Atlanta Business Chronicle reported.
The deal means CallRail plans to exit its home at 100 Peachtree St. in Downtown Atlanta. The new space represents a 20% reduction in its office footprint, according to the ABC.
Partners Real Estate’s Chad Koenig and Katelyn Fabian brokered the deal for CallRail, while Cousins’ Jeff Dils represented the landlord.
PERSONNEL
Brand Properties tapped Brian Smith as its new president of management, leasing and advisory, promoted from vice president. Smith joined Brand in 2022.
The former executive of Poag Shopping Centers is also chairman of the board of the DeKalb Perimeter Community Improvement District and an officer with the Sugarloaf Community Improvement District.
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Silvercrest Asset Management Group appointed Brittain Prigge as managing director of its new Atlanta office for the wealth management firm. Prigge was formerly president of Balentine, a multifamily office.
DEVELOPMENT
Woodstock-based Streetside Co. applied with Cherokee County to rezone 39 acres at the intersection of East Cherokee Road and State Route 20 for a mixed-use project. It would consist of seven retail outlets totaling 250K SF with grocery, fast-food and auto service retailers, according to an application filed with the Georgia Department of Community Affairs.
The project is expected to deliver in 2032.
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Crooked Creek Development Partners, a Chamblee-based developer, plans to turn a property with a seven-story office building on Holcomb Bridge Road into a “vibrant, pedestrian-oriented, mixed-use development,” according to an application filed with the Georgia Department of Community Affairs.
Tentatively called The Station/Jefferson Plaza, the project would include 320 luxury apartment units, 30 owner-occupied townhomes and 16K SF of street-level retail.
It was unclear if the developer planned to tear down the office building, called Jefferson Plaza. The project is scheduled to deliver in 2028, according to the development of regional impact application.
