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Tuesday, May 16, 2017

Undate Info on Northlake Mall

I missed this from last week.
 update info on Northlake Mall

 From: http://www.tonetoatl.com
New owner "committed to project."


I have received a number of emails and comments about the status of Northlake Mall. To that end, I followed up with Tony Ruggeri, President of ATR Corinth Partners, the Dallas based firm that purchased Northlake Mall in early 2016.   Mr. Ruggeri says he and his firm are "committed to the Northlake Mall project" and that things are progressing, albeit slower than he or residents may have hoped.  

A 20 year veteran of the commercial real estate industry, Ruggeri has developed, redeveloped, owned, and managed over 2 million square feet of commercial real estate.
Northlake Mall, originally built in 1971, was for much of its life owned by mall powerhouse Simon Property Group.  The 962,000 square foot mall is located off I-285, bordered by Briarcliff Road, Henderson Mill Road and Northlake Parkway,  and is today anchored by JCPenney, Sears, and Macy's. (Former anchor Kohl's closed last year.) 

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