ATLANTA – Cassidy Turley, a leading commercial real estate services provider in the U.S., announces it has closed on the sale of the Riverstone Mill retail shopping center at 551 Riverstone Parkway in Canton, Ga. Coro Realty Advisors purchased the property for $3.5 million. Cassidy Turley principals Mark Joines and Drew Fleming represented the seller in the transaction.
Riverstone Mill is a 49,500-square-foot center located in a densely populated area near Northside Hospital’s Canton campus. Approximately 50-percent leased, the property’s current tenants include Dollar Tree, Tuesday Morning, Johnny’s Pizza and Edward Jones Financial Services.
“We were excited to work with both the bank and with Coro on this transaction,” said Joines, Vice President of Cassidy Turley’s brokerage group. “Coro was able to land a quality, under-performing asset in a high growth area of metro Atlanta.”
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 3,700 professionals in more than 60 offices nationwide. The company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $22 billion in 2011, manages 455 million square feet on behalf of institutional, corporate and private clients and supports more than 28,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.