Transactions: ARC pays $19.2M for three buildings

REIT acquires 69,341 square foot Suburban Atlanta MOB campus from SRS

By John B. Mugford

ARC Healthcare Trust recently acquired the three-building, Northside East Cobb Medical Campus in Marietta, Ga., for $19.2 million. (Photo courtesy of CBRE Group Inc.)

New York-based ARC Healthcare Trust Inc. recently landed a three-building outpatient campus in a high-traffic location in Marietta, Ga., in the suburbs north of Atlanta.

The complex is known as the Northside East Cobb Medical Campus. It has a total of 69,341 square feet of medical office building (MOB) space on Johnson Ferry Road in an area known as East Cobb – named for Cobb County. The sale price was

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