The CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the monetization of the Northside East Cobb Medical Campus.
| Sale Date: Sale Price:
Sale PPSF: Building Size: Occupancy: YOC: |
March 21, 2012 $19,200,000
$277 69,341 SF 96.85% 1985, 1990, 1991 (renovated 2009) |
The CBRE Healthcare Capital Markets Group is pleased to announce the sale of the Northside East Cobb Medical Campus, a three building outpatient campus consisting of 69,341 SF in Marietta, Georgia.
A public non-traded healthcare REIT closed on the purchase of Northside East Cobb Medical Campus for $19.2 million on March 21, 2013. The premier outpatient campus is 96.85% leased and long-term tenants includes Northside Hospital, Atlanta’s largest Gastroenterology group, one of the largest OB/GYN group in the Southeast, one of Atlanta’s top orthopedic clinics and a leading women’s health and pediatric group. Anchor tenant Northside Hospital, one of Atlanta’s largest and most respected health care systems, serves the community in this location by providing primary care and an imaging center.
