Capital Markets | Healthcare & Life Sciences
Just Closed
Two Class A+ Medical Office Buildings Located on the Campus of the Piedmont Fayette Hospital
CBRE
Transaction Highlights
Date Closed: 6/30/2023
Size: 192,363 SF
Occupancy: 97%
Piedmont Fayette Hospital Campus MOBs | Atlanta, GA MSA
CBRE U.S. Healthcare and Life Sciences Capital Markets is pleased to announce the closing of Piedmont Fayette Hospital Campus MOBs (the “Portfolio” or “Properties”), located in Fayetteville, GA, a suburb of Atlanta. Lee Asher, Zack Holderman, Jordan Selbiger, Cole Reethof, Trent Jemmett and Josiah Gunter acted as the seller’s exclusive advisors.
Piedmont Fayette Hospital Campus MOBs is a two property, trophy medical office portfolio anchored by a leading, credit rated health system. The Class A+ Properties are directly connected to the high-performing Piedmont Fayette Hospital, a 282-bed award-winning facility with a leading 90% market share within a 10-mile radius. Piedmont Fayette Hospital, part of Piedmont Healthcare, Inc. (Moody’s: A1) leases 63% of the total square footage. An additional 8% of the portfolio is leased by Piedmont affiliate OrthoAtlanta, for a total of 71% health system tenancy. The hospital has demonstrated a long-term commitment to the two mission-critical facilities which provide high acuity services including surgery, orthopaedics, oncology, cardiology, and pulmonary/critical care.
The two buildings are currently 97% leased with the rent roll boasting a high caliber roster of tenants featuring dominant regional physician groups with affiliations and strategic referral patterns linked to the hospital such as Piedmont Cancer Institute and Digestive Healthcare.
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
Cole Reethof
Director
Investment Properties
+1 404 504 7864
Jesse Greshin
Vice President
Debt & Structured Finance
+1 860 808 4810
Trent Jemmett
Senior Director
Investment Properties
+1 858 646 4740
Josiah Gunter
Associate Director
Investment Properties
+1 404 504 7936
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