News Release: Recent Closing – Gainesville Medical Office Portfolio

The CREG – U.S. Healthcare Investment Sales practice is pleased to announce the sale of the Gainesville Medical Office Portfolio which consists of two (2) medical office buildings located in Gainesville, GA.  CREG acted as the Seller’s exclusive advisors in the sale of the Properties.  The 100% leased Portfolio consists of over 125,000 SF and was sold to a publicly traded healthcare REIT for approximately $50,050,000.  The Portfolio is anchored by Northside Hospital who offers oncology/hematology clinic, orthopedic services, and other services, and North Georgia Eye Center who offers ophthalmology clinic and laser cataract surgery center.  The Properties are strategically located approximately 0.5 miles from 557-bed Northeast Georgia Medical Center – Gainesville, where many of the many physicians who occupy the Properties have admitting privileges.

If you would like to learn more about this sale, or if you would like to discuss your healthcare real estate holdings, please contact our team.

Gainesville Medical Office Portfolio 

Closing Date – December 2020

Location – Gainesville, GA

SF – 125,404 SF

Price – $50,050,000

Allen Inman
Managing Partner & Principal
U.S. Healthcare Investment Sales

Andrew Larwood
Managing Partner & Principal
U.S. Healthcare Investment Sales

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