A limited partnership called Coro Village East Ventures combined with Eliot Properties to purchase the 12,540-square-foot center at the intersection of Roswell and Robinson roads near Rick's Farmers Market.
Village East is fully leased with stores such as , and Chopsticks China Bistro.
Coro and Eliot Properties see the center as a long-term investment providing income and value appreciation, according to the announcement.
“We purchased this property due to location surrounded by quality residential communities, location in a high-traffic area, and proximity to the retail node at Johnsons Ferry and Roswell roads," said Robert Fransen, Coro's executive vice president. "We expect the continued improvement of this area to further enhance Village East’s fundamentals.”