December 12, 2014
Ackerman Sells Glenwood Park Retail for $11MM to Coro Realty
ATLANTA, December 12, 2014 – Ackerman & Co., in partnership with The Meddin Company, announced today it has brokered the sale of Glenwood Park Retail, a seven-building, 48,515-square-foot retail community located in one of Atlanta’s most recognized mixed use developments, to Coro Realty Advisors, LLC for $11 million. At the time of sale, the properties were more than 83 percent occupied by an impressive lineup of credit-rated tenants including popular Atlanta restaurants Gunshow, Vickery’s and The Shed.
Ackerman & Co.’s Shea Meddin and Stuart Meddin of The Meddin Company brokered the sale on behalf of the Seller, Glenwood Park Builder LLC.
– About Ackerman & Co. –
Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired more than 30 million square feet of office, medical, retail and mixed-use space, has nearly 4 million square feet under management, and maintains an investment portfolio valued at $750 million.
For more information on Ackerman & Co., visit www.ackermanco.com