By eporter on November 9, 2022
Transaction Highlights
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Date Closed
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10/26/2022
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Size
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±149,202 SF
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Occupancy
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81%
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Northwest Medical Center | Atlanta, GA
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CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of Northwest Medical Center (the ‘Property’) in Atlanta, Georgia. Lee Asher, Zack Holderman, Jordan Selbiger, Trent Jemmett, Cole Reethof and Josiah Gunter acted as the seller’s exclusive advisors.
Northwest Medical Center is a Class ‘A’, multi-tenant medical office building located in Buckhead, one of the most affluent neighborhoods of Atlanta. The Property is an established landmark of the community that has been completely revitalized through extensive renovations over the past 5 years. Strategically positioned within one of the most desirable neighborhoods in Atlanta, the Property benefits from exceptionalaccess, structured parking and high visibility with frontage along Interstate-75. The surrounding area boasts an average household income of $169,000 and average home value of $842,000, creating a highly coveted patient base with a top-quality payor mix.
The four-story 149,202-square-foot medical office building is currently 81% leased to a high-quality roster of tenants offering a diverse range of complementary services including internal medicine, dermatology, gastroenterology, orthopedics, OB/GYN, physical therapy, dentistry, concierge medicine, oral surgery, ENT, plastic surgery, periodontics, and imaging.
For more information, or if we can help with your healthcare real estate holdings, please contact us.
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Posted in Breaking News, Capital Markets, Companies & People