According to a report in this week's Atlanta Business Chronicle, Roberts Realty Investors Inc. has bought 36 acres of undeveloped land in Cumming for $5.1 million, with plans to develop a community with 210 units.

The land Roberts Realty purchased is on Georgia Highway 20 at the intersection of Elm Street, just north of Cumming's town square.

Since May 2005, Atlanta-based Roberts Realty has spent more than $37 million to buy 72.5 acres zoned for 581 residential units and three retail centers totaling 112,322 square feet. All of these acquisitions are in the north Atlanta suburbs.

Source: Atlanta Business Chronicle