Press Releases

Entire City Block to be Redeveloped Downtown

Carrollton, GA – Stratus Development Group announces the redevelopment of “The Shoppes at Rome Street”, a 40,000 square foot retail project on nearly 3 acres in the heart of downtown Carrollton, Georgia. The redevelopment will transform the property which was the first “retail center” ever built in Carrollton, bringing new retailers into the downtown district and will spur further development in the immediate area.

The City of Carrollton has been both proactive and deliberate with long term planning for its downtown (Adamson Square) district. Recent developments include The Amp, a covered 1000 seat amphitheater in the heart of downtown that features a full calendar of entertainment events. New breweries have sprung up in the downtown district including Local Ties Brewing Company, The Craft Rabbit Meadery, and Dream City Brewing Company (opening later this year) and recent city programming have included successful “Taste of Carrollton” and half-marathon events.

“We would like to thank the city of Carrollton for the opportunity to work together on this exciting project,” said Jeff Koon, President of Stratus Property Group.” Considering the geographic size and population of the trade area, we feel that downtown Carrollton has only just begun its revitalization.

The property is conveniently located at 415 Rome Street, just one block from “Adamson Square” shops and restaurants.

For leasing information, please contact:

Max Albers
Stratus Property Group
404-275-6301
max@stratuspg.com

Serenity Health Care | One Lakeside Commons | Lease Transaction

Press Releases

Serenity Healthcare Secures Premier Office Space at One Lakeside Commons in Sandy Springs, GA

By Stratus,October 28, 2024October 28, 2024

SANDY SPRINGS, GA – Serenity Healthcare has successfully leased a full floor of prime office space at One Lakeside Commons, located at 990 Hammond Drive in the vibrant Perimeter submarket of Sandy Springs. The lease encompasses the entire 6th floor, totaling 22,999 square feet of office space.

Serenity Healthcare is a leading provider of mental health services dedicated to offering comprehensive and compassionate care to individuals dealing with various mental health conditions. Their mission is to improve the quality of life for their patients by providing effective, evidence-based treatments and support. Serenity Healthcare operates a network of mental health clinics where they offer a range of services, including therapy, medication management, and innovative treatments like Transcranial Magnetic Stimulation (TMS) for conditions such as depression, anxiety, and other mood disorders.

This strategic move marks an important milestone for Serenity Healthcare, allowing the company to expand its administrative and marketing operations while establishing its first mental health clinic in the Atlanta area. The new office space will serve as a hub for Serenity Healthcare’s continued growth and commitment to providing exceptional mental health services.

Charlie Carroll of Stratus Property Group represented Serenity in their lease negotiations. “It’s an honor and a privilege to work with such a successful and rapidly growing company in Serenity, but it’s made even more gratifying knowing that a significant number of people are going to have their lives greatly improved through the services the company has to offer,” said Carroll. “Serenity has some lofty expansion goals throughout the Sunbelt. I’m excited to assist them with accomplishing those goals and thrilled with the thought of how many patients’ lives will be enhanced along the way.”

Press Releases

Stratus Property Group Acquires Retail Center in Downtown Carrollton

By Stratus,March 14, 2024April 15, 2024

CARROLLTON, GA – Stratus Property Group is pleased to announce its acquisition of the downtown retail center located at 415 Rome Street, Carrollton, GA.

Situated in the heart of downtown Carrollton, this retail center spans over 38,000 square feet and includes nearly three acres of land. Strategically positioned only one block from the center of downtown Carrollton, the center serves as a hub for commerce and community engagement.

Carrollton is a dynamic city, home to academic institutions such as the University of West Georgia and major employers such as Southwire. Its rich cultural scene, featuring arts, festivals, sporting events, concerts, and culinary offerings, attracts a diverse and engaged crowd. The city of Carrollton embodies a hub of economic vitality and innovation.

With a commitment to enhancing the city’s allure, Stratus Property Group plans a transformative remodeling endeavor for the retail center, aimed at updating Carrollton’s commercial landscape.

Jeff Koon, President of Stratus Property Group, expressed his enthusiasm, stating, “We are thrilled to embark on this journey of acquiring and revitalizing this retail center. This investment presents an extraordinary opportunity to contribute to and shape the growth trajectory of Carrollton. We are honored to be a part of this vibrant community.”

Check out the published article below!

Press Releases

Stratus Property Group Facilitates Successful Sale of MTI Baths Manufacturing Facility

By Stratus,February 19, 2024April 15, 2024

COMMERCE, GA – Stratus Property Group announces the successful sale of a manufacturing and production facility on behalf of MTI Baths.

This milestone transaction marks a strategic move in MTI Baths’ vision, as the company optimizes the efficiency of their operations through the consolidation of warehouse space. Located in a separate submarket from their main facilities, the divestiture of this asset aligns with the organization’s portfolio refinement strategy.

Amidst a challenging market landscape characterized by rising interest rates, Charlie Carroll of Stratus Property Group facilitated the sale, securing a contract for over 90% of the list price within a few weeks. Despite the asset possessing some physical limitations and other unique challenges that were identified during the due diligence process, persistent effort and collaborative problem-solving ensured the ultimate consummation of the transaction.

Reflecting on the complexities of the deal, Charlie Carroll, representing the Seller, commented, “Due to location constraints and other rather unique issues with the property itself that we ran into during the diligence process this wasn’t the easiest deal in the world, but we found a way to facilitate an ongoing dialogue between the Buyer and Seller in order to appease both parties and ultimately get it across the finish line. I’m delighted to have assisted MTI Baths in accomplishing their real estate goals and look forward to their continued success as they reinvest the sales proceeds into furthering their core business operations.”

Press Releases

June + Grey Opening A New Location On Adamson Square

By Stratus,January 31, 2024April 15, 2024

CARROLLTON, GA – June + Grey boutique is set to open their second store front location on Adamson Square in Downtown Carrollton.

What began as a passionate side hustle has blossomed into an extraordinary journey for June + Grey. Following the success of their inaugural location in Bremen, GA, the boutique is ready to extend its services to the Carrollton community. June + Grey is a boutique that has the goal of creating classic, comfy, and cozy tees for children and adults. The grand opening celebration is slated for February 3^rd.

Vicki Lackey, the owner of June + Grey, shared her experience working with Max during this process. “Max was super amazing and communicative on every aspect. I never had to wait long for a reply, and he made the process super easy!”

Max Albers, Vice President of Brokerage at Stratus Property Group, proudly represented June + Grey during the leasing process. He expressed his excitement, saying, “We are ecstatic to have June + Grey clothing boutique opening a new location on Adamson Square in Carrollton. Expanding their footprint from their Bremen location they will be a great fit and addition to Carrollton Community.”

Boone Retail Centre: 2680 Cobb Parkway, Smyrna, GA 30080 (Closed by Stratus Property Group)

Press Releases

Boone Retail Centre Adding Two New Businesses

By Stratus,October 27, 2023April 15, 2024

KENNESAW, GA. – The Boone Retail Centre, situated at 2680 Cobb Parkway in Kennesaw, is excited to welcome two new businesses: Backsmith Chiropractic and Axe Throwing Therapy.

Backsmith Chiropractic, under the leadership of Dr. Kevin Smith, offers healthcare services to patients of all ages in the greater Metro Atlanta area. Dr. Smith’s expertise encompasses chiropractic care, massage therapy, and a range of premium supplements.

Axe Throwing Therapy is an axe-throwing destination that brings competitive excitement and stress relief to its visitors. Conveniently located with Shezmu Cellars Winery and Taproom, voted Best of Georgia, Axe Throwing Therapy offers advance bookings, event hosting, and walk-in experiences.

Boone Center is located in a highly visible area with excellent access to major roadways. The center is also close to a variety of other businesses and amenities, making it a desirable location for retailers.

Max Albers, Vice President of Brokerage at Stratus Property Group, proudly represented both tenants during the re-leasing process. He expressed his enthusiasm, saying, “Stratus Property Group is excited to have brought a whole new tenant line-up to Boone Centre, 2680 Cobb Parkway, Kennesaw. We have added two wonderful businesses that will be great additions to the Center and create a well-curated tenant mix. Stratus Property Group is pleased to welcome Backsmith Chiropractic, led by Dr. Kevin Smith, and Axe Throwing Therapy, an Axe throwing venue with virtual projection lanes partnering with Shezmu Cellars Winery & Taproom.”

Check out the published article on ReBusiness!

Press Releases

MDT Institute Moving to New Location in Gwinnett

By Stratus,October 13, 2023April 15, 2024

GWINNETT, GA. – MDT Institute, a leading provider of medical and dental training, has opened its first Atlanta area location at Crestwood Pointe business park in Gwinnett County.

MDT Institute is an accredited medical assisting and dental assisting academic institute that has been educating students for over 25 years. They are more than just a school; they are a community of passionate educators committed to making a difference in the world of allied healthcare.

The school is located directly off I-85, allowing for quick access to the entire Atlanta metro area. At over 8,400 square feet, MDT Institute’s space includes multiple class rooms, a computer lab, a dental training facility and an x-ray room designed to provide its students with the hands-on training that is required to be properly prepared for a fulfilling career in the medical field. Students also benefit from a location within walking distance of restaurants, shops and entertainment as well as MARTA bus transportation. The area is projected to see a growth of 4.5% in population in the next five years helping to further add to MDT’s future student base.

“With the redevelopment of nearby Gwinnett Place Mall in addition to easy access to a quickly growing population in Duluth and throughout Gwinnett County, Crestwood Pointe was a clear winner for MDT Institute’s expansion into the Atlanta market,” says Stratus Property Group’s Charlie Carroll who represented the tenant in lease negotiations. “As our city continues to grow we’ll always be in need of Dental and Medical Assistants, so I’m delighted to have had the opportunity to assist MDT in identifying the ideal location for their trade school and excited for the new career opportunities it unlocks for local residents.”

Great Oaks Way: 11560 Great Oaks Way, Alpharetta, GA 30022 (Closed by Stratus Property Group)

Press Releases

Elevation Autism Center Opens New Location in Alpharetta

By Stratus,September 29, 2023April 15, 2024

ALPHARETTA, GA – Elevation Autism Center, a leading provider of Applied Behavior Analysis therapy for children, will be extending their services by opening a new Alpharetta clinic at 11560 Great Oaks Way this fall.

The new location is conveniently located near several major highways, making it easily accessible for families from all over the area. The center is also close to a variety of amenities, including parks, restaurants, and shopping.

Elevation Autism Center offers a full range of ABA therapy services, including one-on-one therapy, and parent training. The center’s team of experienced therapists provides individualized care that meets the unique needs of each child. This is Elevation’s third center in the Atlanta area.

“It’s always a pleasure working with Elevation Autism, especially knowing the difference that they’re making in the lives of young children through their work targeted in the early childhood autism therapy space.” says Stratus Property Group’s Charlie Carroll who represented the tenant in lease negotiations. “Elevation has been a valuable member of the Alpharetta community since 2018 when Stratus assisted them with their first ever location. This location at Great Oaks Center is more than twice the size of that initial location and showcases the significant growth the company has been able to achieve over the last few years. We look forward to continuing to assist Elevation with their growth as they serve additional Atlanta communities in the future.”

Press Releases

Amorino Gelato to Open in Downtown Roswell

By Stratus,September 15, 2023April 15, 2024

ROSWELL, GA. – Amorino Gelato, a European purveyor of authentic Italian gelato with over 200 locations worldwide, has been added to the upcoming tenant roster at Downtown Roswell’s incoming mixed-use development, Southern Post, which is set to deliver during 2024.

Founded in 2002 in the heart of Paris with the goal of sharing the finest Italian gelato recipes, Amorino is known for its fresh, handmade gelato made with all-natural ingredients and delivered in the shape of a rose. The gelato is available in a variety of flavors, including classic favorites like vanilla, chocolate, and pistachio, as well as more unique flavors like passionfruit, lavender, and black sesame. Amorino also offers a variety of gelato-filled macarons, waffles, crepes, and both hot and cold beverages.

Located in the heart of Roswell, the Southern Post will consist of a mix of retail shops, loft-style office space, restaurants, and residences. The new development will offer 40,000 square feet of retail space and 95,000 square feet of loft-style space with 128 luxury apartments and 9 high-end townhomes on 4+ acres where the former Roswell Plaza shopping center previously stood. Amorino joins Belux Coffee Roasters, Silla Del Toro, DaVinci’s Donuts, Azotea Cantina, Grana, Bey and Vietvana, as tenants that have been announced within the development.

Stratus Property Group’s Charlie Carroll, who represented Amorino, had this to say about the upcoming opening. “As a Roswell resident myself, I’m especially thrilled to have been able to work with Amorino Gelato on this project. Historic Downtown Roswell is one of the most heavily trafficked city centers in north Atlanta, and the Southern Post development will be yet another tremendous addition to the area. I’m excited for the success Amorino will experience as part of the Roswell community, and selfishly, I can’t wait to take my family for some world-renowned Gelato right here in my backyard”.

Press Releases

Custom Suit Shop to Open in Phipps

By Stratus,January 29, 2020April 15, 2024

ATLANTA, GA – New York based Enzo Custom is bringing their premium, custom clothing to Phipps Plaza, the southeast’s premier, upscale shopping destination. Enzo’s eighth location will add Peachtree Rd to its already lengthy list of well renown retail corridors such as Madison Avenue, Michigan Ave and Rodeo Drive, just to name a few.

The space is currently being prepped by Atlanta-based commercial general contractor, Lexdyn, and set to be completed in time for its February 2020 opening. Enzo is a vertically integrated custom clothier that supplies hundreds of other custom clothiers nationwide. Their process is simple: visit one of their clothiers, take 31 different measurements and pick out your fabric. Within 4 weeks of your initial appointment, your garment will be ready for final adjustments and pick-up. Their guarantee? Unlimited alterations for 30 days, and if the suit can’t be altered, they will remake it entirely. Prices for their custom suits and tuxedos range from $495 to $9500.

Enzo claimed one of the closest retail spaces to perhaps central Buckhead’s most anticipated redevelopment project. Mall owner and global leader in premier shopping, dining and entertainment destinations, Simon Property Group is currently under construction on a highly anticipated mixed-use redevelopment that will connect to Phipps where the Belk department store previously stood. Set to open in 2021the significant additions to the property include the 150-room Nobu Hotel and Restaurant Atlanta, a 90,000 SF Life Time Athletic gym and spa and the 13-story, 350,000 SF Class A Office Building to be known as One Phipps Plaza. Due to the location of its new space, Enzo is one of a few retailers that stands to greatly benefit from the increased business from the adjoining development.

“As Atlanta’s leading destination for retailers specializing in luxury menswear, Phipps Plaza was an obvious fit for Enzo Custom’s entry into the market,” says Stratus Property Group’s Charlie Carroll who represented the tenant in lease negotiations. “Enzo has historically relied on grass roots and word of mouth advertising to spark growth for newly opened locations. With the redevelopment set to open just steps away from their new location, the ability to convert the increased foot traffic into walk-in customers to add to their traditionally appointment only model positions them extremely well for future growth. We enjoyed working with Simon and appreciate their assistance in making sure everything is on track to open in early 2020.”

Enzo Custom will be open for both appointment and walk-in business. Bookings are available between the hours of 10am-9pm Monday through Saturday and 12pm-5:30pm Sunday. Appointments for the new Phipps locations can be made on their website, www.enzocustom.com.

Check out the published article on What Now Atlanta!

Press Releases

Stratus Property Group Announces Carrollton, GA Redevelopment

Entire City Block to be Redeveloped Downtown

Serenity Healthcare Secures Premier Office Space at One Lakeside Commons in Sandy Springs, GA

Stratus Property Group Acquires Retail Center in Downtown Carrollton

Stratus Property Group Facilitates Successful Sale of MTI Baths Manufacturing Facility

June + Grey Opening A New Location On Adamson Square

Boone Retail Centre Adding Two New Businesses

MDT Institute Moving to New Location in Gwinnett

Elevation Autism Center Opens New Location in Alpharetta

Amorino Gelato to Open in Downtown Roswell

Custom Suit Shop to Open in Phipps

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