Transaction Included Numerous Properties
LaGrange, GA— Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the $8,817,500 seven-property portfolio sale of multiple Emory at LaGrange facilities. Senior Associate Ryan Burke and First Vice Presidents and Senior Directors Michael Moreno and Rahul Chhajed represented the seller in the transaction. .
The seller, a large physician group, was looking to relinquish the healthcare portfolio and reallocate capital into other assets. The buyer, a private real estate investment trust, achieved their goal of acquiring a portfolio of medical office buildings with credit tenant health systems in a growing market. Emory at LaGrange, a subset of Emory Healthcare at Emory University, has been a staple to Georgia, offering 11 hospitals, the Emory Clinic, and over 250 locations.
“We capitalized on our combined extensive databases to source an experienced buyer that was able to move the process along swiftly while working with us to communicate with the hospital tenant to get the deal done promptly,” said Burke.
The seven-property portfolio includes trophy asset, Emory at LaGrange-Clark Holder Clinic, located at 303 Smith Street, which is one of the largest Emory clinics outside of the Atlanta MSA. Emory at LaGrange has been a part of the community since 1936, catering to LaGrange MSA’s 104,000 residents within 20 miles.
“Our product expertise, attention to detail, and persistence allowed this deal to happen. This deal required specific comprehensive knowledge of health care real estate to execute,” said Burke. For more information, or to contact Ryan Burke, Michael Moreno, or Rahul Chhajed, please visit www.matthews.com.
About Matthews™
Matthews Real Estate Investments Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 400 agents and support staff in 15 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.
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