The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of Prestley Mill Medical Center in Douglasville, Georgia.
| Sale Date | July 1, 2016 |
| Sale Price | $4,275,000 |
| Price Per SF | $151 |
| Building Size | 28,400 SF |
| Year Built | 2000 |
| Occupancy | 90% |
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of Prestley Mill Medical Center. Lee Asher and Chris Bodnar of the U.S. Healthcare Capital Markets Group acted as the Seller’s exclusive advisors.
Prestley Mill Medical Center is located just off Interstate 20 in Douglasville, Georgia within Douglas County. The Property is 90.2% leased to a synergistic mix of tenants offering a variety of medical services with approximately 56% leased to Northside Hospital and Emory Healthcare (Moody’s ‘Aa2’, S&P ‘AA’ and Fitch Ratings ‘AA+’).
Prestley Mill Medical Center is strategically positioned only half a mile from WellStar Douglas Hospital, a 108-bed hospital offering adult medicine, pediatrics, surgery, obstetrical and newborn care, ophthalmology, Total Joint Replacement, pain management and a variety of diagnostic and therapeutic services. WellStar Douglas Hospital is one of five hospitals within the WellStar Health.
For more information on this sale, or if we can help with your healthcare real estate holdings, please contact us.
Contact Information
Lee Asher
Executive Vice President
Investment Properties
+1 404 504 5965
lee.asher@cbre.com
Chris Bodnar
Executive Vice President
Investment Properties
+1 303 628 1711
chris.bodnar@cbre.com
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