News Release: Bull Realty Arranges Sale of ± 27,000 SF Medical Office Building in Memphis, TN

Atlanta, Dec. 28, 2022 – Paul Zeman, President of Healthcare Real Estate Services and Partner at Bull Realty, represented the seller for the disposition of a ± 27,000 SF medical office building in Memphis, TN. The property located at 1727 Kirby Parkway was sold to Flagship Healthcare Properties for $9,600,000 on December 20, 2022. The building is 100% occupied by two well-established, successful tenants and is conveniently located six minutes from Saint Francis Hospital. Paul Zeman, leader of Bull Realty’sHealthcare Group, was chosen to market the property

 

“This high-quality asset, in a very affluent area of Memphis, performed very well. The marketing yielded multiple and competing offers from well qualified buyers. Flagship Healthcare Properties was ultimately chosen as they offered a very respectable price and demonstrated an outstanding ability to close. This asset is a nice addition to their portfolio,” said Zeman.

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About Bull Realty:

Bull Realty, Inc. (www.BullRealty.com) founded in 1998 is a commercial real estate brokerage firm licensed in nine southeast states headquartered in Atlanta providing acquisition, disposition, project leasing, site selection and tenant rep services.

The firm also produces the nation’s leading show on commercial real estate topics, America’s Commercial Real Estate Show (www.CREshow.com). The weekly show hosted by Michael Bull, CCIM since 2010, provides market intel, forecasts and strategies for investors and occupants.

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