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
Roswell Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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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