Wednesday, April 22, 2015

SG Property Services Purchases Medical Office Portfolio in Metro Atlanta for $11.8 Million


Paul Shailendra
ATLANTA, GA— Atlanta-based SG Property Services has acquired a 60,000-square-foot portfolio comprising three Class A medical office buildings in metro Atlanta for a total of $11.8 million.

 The properties include Johns Creek Medical building in Johns Creek; Marble Mill Medical Center in Marietta; and Hospital Way in Stockbridge.

“These properties are strategically located and create an appealing environment for healthcare providers as all three Class A buildings are located immediately adjacent to hospital anchors and provide direct access and walkability,” said Paul Shailendra, president of SG Property Services.

 “In addition, we were able to identify tenants within the contract phase of the acquisition to bring the portfolio to more than 95 percent leased.”

SG Property Services plans to lease-up the remaining vacancies focusing on specialty healthcare providers. 
     
For a complete copy of the company’s news release, please contact:

Savannah Duncan
The Wilbert Group
404-343-0870 (O) 404-901-4433 (C)

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