Saturday, September 25, 2010

Colliers to Market 44,360 SF of Retail Space at The Atlantic,The Brookwood, Luxe and Serrano


ATLANTA, GA – ST Residential, a world-class asset management company consortium led by Greenwich, Conn.-based Starwood Capital Group (NYSE: STWD) and private-equity firm TPG of Fort Worth, Texas, along with WLR LeFrak and Perry Capital, has partnered with Colliers International-Atlanta to handle all retail leasing for ST’s newest condominium communities: 

The Atlantic, the finest homes in Atlantic Station; The Brookwood, high-end homes in Buckhead; Luxe, the boutique-style Midtown condominium tower and Serrano, the Sandy Springs community with Atlanta at its doorstep.

Colliers is in the process of securing high-end restaurant and retail concepts to fill the 42,000 total square feet available for lease at the four properties.

“This first-of-its-kind partnership between the ST Residential Consortium and the FDIC has put this retail product back on the market after sitting idle for two years and could serve as a test for future FDIC partnerships,” said Jon Barry (top left photo), Colliers International national marketing director-asset resolution team.

 “I believe that ST Residential’s choice of Atlanta as the launch city for this new brand speaks to their belief in Atlanta’s real estate future.”

Vice President Coleman Morris and Senior Associate Stephanie Lipp will lead the Colliers International leasing team.

Filling the commercial space in these signature communities will not only provide additional amenities for residents, but will also bring more shopping and dining options to  the surrounding neighborhoods.

Each ST residence boasts an unmatched level of design, detail, amenities and services. ST is infusing significant capital into many of the properties in order to further enhance their appeal to residents.  The company is focusing on building a lifestyle brand to provide a better experience for all of its homeowners.

 Contact:  traci buch, liz lapidus pr, 772 edgewood avenue ne, atlanta,ga 30307, p404-688-1466; f404-681-5204, http://www.lizlapiduspr.com/

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