News Release: Just Closed – Forsyth Physicians Center

Capital Markets | Healthcare & Life Sciences

Just Closed

Campus-Adjacent, Class A Outpatient Medical Building within the Atlanta MSA

CBRE

Transaction Highlights

Date Closed: 7/11/2023

Size: 91,940 SF

Occupancy: 80%

Forsyth Physicians Center | Atlanta, GA MSA

CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of Forsyth Physicians Center (”The Property”), located in Cumming, GA, a suburb of Atlanta. Lee Asher, Zack Holderman, Jordan Selbiger, Josiah Gunter, and Cole Reethof acted as the seller’s exclusive advisors.

Strategically positioned at 4150 Deputy Bill Cantrell Memorial Road, the facility was originally constructed in 2017 and sits adjacent to Northside Hospital Forsyth, a 389 bed hospital with 800 physicians and 3,700 employees. The 80% occupied medical building offers a long-term, synergistic tenant ecosystem comprised of prominent regional providers, including Resurgens Orthopaedics, one of the largest independent orthopedic practices in the country; GI North, a local gastroenterology practice with additional locations in Alpharetta and Dawsonville; and North Atlanta Ear, Nose, Throat, and Allergy, another multi location practice in Atlanta.

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 and Managing Director
Investment Properties
+1 720 635 2653

Zack Holderman
Senior Vice President
Debt & Structured Finance
+1 858 337 9412

Jordan Selbiger
First Vice President
Investment Properties
+1 404 923 1259

Josiah Gunter
Associate Director
Investment Properties
+1 404 504 7936

Cole Reethof
Director
Investment Properties
+1 404 504 7864

Trent Jemmett
Senior Director
Investment Properties
+1 858 646 4740

Jesse Greshin
Vice President
Debt & Structured Finance
+1 860 808 4810

cbre.com/cm-healthcare