News Release: Just Closed – Aspen Grove Medical Plaza and Spring Hill Medical Plaza

Capital Markets | Healthcare & Life Sciences

Just Sold

Two Class-A Medical Office Buildings in Nashville, Tennessee

CBRE

Transaction highlights

Date Sold 12/1/2021

Size 88,533 SF

Occupancy 86%

Aspen Grove Medical Plaza and Spring Hill Medical Plaza
Nashville | Tennessee

CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the sale of Aspen Grove Medical Plaza and Spring Hill Medical Plaza (the “Portfolio”), located in suburban Nashville. Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley, Sabrina Solomiany and Zack Holderman partnered with Morgan Hillenmeyer from CBRE Tennessee Healthcare Investment Properties to act as the seller’s exclusive advisors.

Both medical office buildings are located within the southern suburbs of Nashville in the high growth submarkets of Franklin and Spring Hill, Tennessee. The two assets are a combined ±88,533-square-feet and are currently 86% leased. Snodgrass-King Dental, a major regional dental practice owned by North American Dental Group, anchors both buildings and Williamson Medical Center (Moody’s ‘Aaa’), a county owned and operated health system, operates an internal medicine practice at the Spring Hill Medical Plaza. Other services offered include oncology, orthopedics, oral surgery, gastroenterology, dermatology, reproductive medicine, pain management, primary care, internal medicine, physical therapy, dentistry and endodontics.

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
Senior 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

Morgan Hillenmeyer
Senior Vice President
CBRE Tennessee Healthcare Investment Properties
+1 615 248 5930

cbre.com/cm-healthcare

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