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4279 Roswell Road

Coro Realty Advisors And Connolly Acquire Chastain Market In Atlanta For $71M From Kite Realty Group
SOLDRetail

Coro Realty Advisors And Connolly Acquire Chastain Market In Atlanta For $71M From Kite Realty Group

4279 Roswell Road

$71,000,000

$586/SF

Building Size

121,000 SF

Asset Type

Retail

Closing

Jun 2, 2026

AI

The asset involved in the transaction is a retail property located at 4279 Roswell Road in Atlanta, GA. It spans 121,000 square feet and was sold for a price of $71,000,000, which equates to $587 per square foot.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $71,000,000
  • Square Footage: 121,000
  • Price per Square Foot: $587
  • Buyer: Robert Fransen - Coro Realty Advisors & Connolly
  • Seller: John A. Kite - Kite Realty Group
  • Market: Atlanta, GA
  • Date of Sale: 06/02/2026

A venture of Coro Realty Advisors and Connolly executed the purchase from Kite Realty Group, significantly increasing the asset's value from its previous acquisition price of $40.5 million four years prior.

Players

Robert Fransen

Coro Realty Advisors

Buyer

$71M

vol

1 deal

Buyer
The Connolly Agency
The Connolly AgencyBuyer

John A. Kite

Kite Realty Group

Seller

$1.1B

vol

7 deals

Seller

Roswell Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93