News Release: Just Closed – Emory Aesthetic Center at Paces – CBRE Inc.

The CBRE Healthcare Capital Markets Group acted as the exclusive advisor for the monetization of the Emory Aesthetic Center at Paces in Atlanta, Georgia.

Sale Date: July 31, 2013

Sale Price: $6,840,000

Price PSF: $287

Condo Size: 23,869 SF

Year Built: 1991

Occupancy: 100%

The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Emory Aesthetic Center at Paces in Atlanta, Georgia. Lee Asher and  Chris Bodnar of the U.S. Healthcare Capital Markets Group teamed with Charles Beard and Tony Swann in the Atlanta market as the Seller’s exclusive advisor.

The Emory Aesthetic Center at Paces is a 23,869 square-foot surgery center leased by Emory Healthcare. The condominium is situated within the Palisades at West Paces medical office tower and is strategically located in the affluent Buckhead submarket. The Emory Clinic, a subsidiary of Emory Healthcare and Emory University, committed to a ten-year lease with annual escalations for  its recently acquired aesthetic plastic surgery center.

 

For more information on this transaction, please contact:

National Healthcare Capital Markets Group

Lee Asher

+1 404 504 5965

lee.asher@cbre.com

Chris Bodnar

+1 303 628 1711

chris.bodnar@cbre.com

 

CBRE Private Capital Group

Charles Beard

+1 404 504 5963

charles.beard@cbre.com

Tony Swann

+1 404 504 5920

tony.swann@cbre.com

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