Atlanta (July 19, 2018) — The Healthcare Real Estate Services Group at Bull Realty brokered the sale of the Knoxville Dermatology Group building, a Medical Office Building located on 2.65 acres in Knoxville, TN. The sale closed on July 16, 2018 for $10,400,000.
The property is 100% occupied by Knoxville Dermatology Group, who has been in the Knoxville market for more than 40 years.
The team of Michael Bull and Paul Zeman with Bull Realty represented the seller, Dermatology Investment Group, LLC.
“The seller saw the timing appropriate to sell before interest rates rise further. The marketing generated multiple competing offers from a wide range of buyer types,” said Bull.
Healthcare Real Estate Services (www.HealthcareRealEstateServices.com) are specialty brokers with Bull Realty, Inc. (www.BullRealty.com), a commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in nine states providing acquisition, disposition, leasing, management and advisory services. The firm also produces and hosts America’s Commercial Real Estate Show (www.CREshow.com).
Bull Realty TN License # 259046
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