Stratus in the News

COLUMBIA, SC – Stratus Development Group is pleased to announce the completion and full occupancy of Pickens Corner, a luxury student housing townhome community at The University of South Carolina.
Nestled in the vibrant Rosewood neighborhood, the 60-bed community features 3-bedroom, 3.5-bathroom townhomes with upscale finishes including granite countertops, recessed lighting and stainless-steel appliances. Pickens Corner is located just a few blocks from the university, and offers residents unparalleled access to Five Points, Williams-Brice Stadium, and an array of shopping and dining options.
Jeff Koon, principal at Stratus Development Group, stated, “We are enthused to be the only new construction, low density rental community that is highly walkable to the campus at USC.” For more information, visit www.pickenscorner.com.

Stratus Development Group Breaks Ground at The University of South Carolina

COLUMBIA, SC – Stratus Development Group is pleased to announce the start of construction of Pickens Corner, a luxury student housing townhome community at The University of South Carolina.

Nestled in the vibrant Rosewood neighborhood, the 60-bed community will feature 3-bedroom, 3.5-bathroom townhomes with upscale finishes including granite countertops, recessed lighting and stainless-steel appliances. Pickens Corner is located just a few blocks from the university, offers residents unparalleled access to Five Points, Williams-Brice Stadium, and an array of shopping and dining options. Strategically located at 480 S. Pickens Street, Pickens Corner is set for completion in August 2025, delivering modern, upscale living tailored to today’s student lifestyle. For more information, visit www.pickenscorner.com.

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:

Jacob Jordan
Stratus Property Group
404-861-0675
jacob@stratuspg.com

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

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.”

Stratus Finishes Best-in-Class Product With “The Haven at Wake”

Stratus Development Group Delivers Student Housing at Wake Forest University

Winston-Salem, NC – Stratus Development Group announces the completion of The Haven at Wake, a student housing community in Winston-Salem, North Carolina.

The 150-bedroom community features an abundance of floorplans in one-, two-, three-, and four-bedroom configurations with bedroom/bathroom parity. It includes townhome, flat, and detached cottage designs.

“We would like to thank all of our employees, contractors, and service providers for working together to bring this project to fruition which sets the new standard for student housing in the Wake Forest market,” Koon said. “The Haven at Wake is situated in a highly desirable location and offers residents large and unique floorplans including modern amenities and state-of-the-art smart home features.”

The property is conveniently located at 450 Polo Road, resting just ½ mile from Wake Forest University and ¾ mile from the Wake Forest Football stadium. Amenities include dedicated parking, a sparkling pool and sundeck, clubhouse with study rooms and workout facilities, community greenspace, access to the Wake Line bus service and a dog park. More information on The Haven at Wake can be found at www.thehavenwake.com.

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!

• BisNow
• The City Menus
• ReBusiness
• Shopping Center Business

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.”

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.”

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!