News Release: Just Sold – Douglasville (Ga.) MOB Portfolio

MARCH 2, 2021

CBRE HEALTHCARE & LIFE SCIENCES CAPITAL MARKETS

JUST SOLD

DOUGLASVILLE MOB PORTFOLIO

Douglasville, GA

TRANSACTION HIGHLIGHTS

DATE SOLD: 2/17/2021

SIZE: 44,567 SF

OCCUPANCY: 88%

DOUGLASVILLE MOB PORTFOLIO

CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of the Douglasville MOB Portfolio (the “Portfolio”). Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley, Sabrina Solomiany and Zack Holderman acted as the seller’s exclusive advisors.

The Portfolio consists of two medical office buildings that are 88% leased, with 61% leased to prominent regional health systems including Wellstar Health System, Northside Hospital and Emory Healthcare. The two properties are strategically located adjacent to and on the campus of Wellstar Douglas Hospital, a 108-bed community hospital and part of Wellstar Health System, a nationally ranked, not-for-profit health system with 11 hospitals in the Atlanta metropolitan area.

Prestley Mill Medical Center is a campus-adjacent, ±28,400-square-foot medical office building anchored by Georgia Cancer Specialists, an affiliate of Northside Hospital Cancer Institute. Other specialties provided at the property include imaging, allergy, nephrology, neurology, physical therapy and spine/orthopedics. Douglasville Medical Center is a two-story, ±16,167-square-foot facility located on the campus of Wellstar Douglas Hospital. Specialties offered by Wellstar within the property include pediatrics, pediatric cardiology, infectious disease, internal medicine and primary care.

For more information, or if we can help with your healthcare real estate holdings, please contact us.

For more information, please contact:

LEE ASHER

Vice Chairman
Investment Properties
+1 404 504 5965

CHRIS BODNAR

Vice Chairman
Investment Properties
+1 303 628 1711

JORDAN SELBIGER

Director
Investment Properties
+1 404 923 1259

RYAN LINDSLEY

Senior Director
Investment Properties
+1 303 628 1745

SABRINA SOLOMIANY

First Vice President
Debt & Structured Finance
+1 404 536 5054

ZACK HOLDERMAN

Senior Vice President
Debt & Structured Finance
+1 858 546 4670

www.cbre.us/cm-healthcare

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In