JLL Arranges Acquisition Financing for Two Self-Storage Properties in Atlanta Suburbs
JLL Capital Markets has arranged acquisition financing for two self-storage properties totaling 1,552 units in the Atlanta suburbs, the firm announced May 1, 2026. The five-year loan, secured through a regional bank, was arranged on behalf of borrower Coro Realty Advisors and covers Coro Terrell Mill Storage in Marietta and Coro Carpenter Storage in Sandy Springs, Georgia.
Property Details
Coro Terrell Mill Storage, located at 3000 Delk Road in Marietta's East Cobb submarket, was delivered in December 2025 and offers 837 climate-controlled units across 83,955 net rentable square feet. The Class A, three-story facility sits on a 2.55-acre site and was in lease-up at the time of closing, with approximately 10% of units occupied. The East Cobb submarket is described in the announcement as an affluent area.
Coro Carpenter Storage, located at 400 Carpenter Drive in Sandy Springs immediately adjacent to Interstate 285, was built in 2023 and offers 715 climate-controlled units across 69,470 net rentable square feet. The five-story facility is served by two elevators and includes a designated loading and unloading area. Sandy Springs is also described in the announcement as an affluent submarket.
JLL Capital Markets Debt Advisory Team
JLL's Capital Markets Debt Advisory team represented the borrower in the transaction. Managing Director Bobby Norwood and Director Hunter Goldberg led the assignment.
"Both of the properties are located in underserved, infill areas for self-storage ensuring immediate short-term success under the new ownership," said Norwood.
"Self-storage in high-barrier-to-entry markets continues to be a defensive asset class posting solid returns and has been widely sought after by a variety of investors and lenders," added Goldberg.
The loan amount and specific financing terms were not disclosed. The five-year loan term was confirmed in the announcement.
About Coro Realty
Founded in 1997, Coro Realty oversees approximately 60 properties valued in excess of $1.5 billion across the Southeastern United States. The firm provides investment, asset management, leasing, and property management services for a variety of commercial and residential properties.
JLL (NYSE: JLL) reported annual revenue of $26.1 billion and operates in more than 80 countries with a global workforce exceeding 113,000 as of March 31, 2026. JLL's Capital Markets group has more than 3,000 specialists across nearly 50 countries, providing debt advisory, equity advisory, investment sales, and recapitalization services to real estate investors and occupiers.