Brett Buchwald |
The properties were
purchased by Elliott Bay Capital Trust LLC (3 buildings) and a private
investment group (1 building) for $18,865,000.
Brett Buchwald, vice president of healthcare investment
sales for Ackerman Medical, represented SWAN in the transaction.
“It’s very gratifying to complete this
complex transaction on behalf of Southwest Atlanta Nephrology,” he said, adding
that the nearly two-year process involved renegotiating a total of five leases
on behalf of SWAN and the other principal tenant at the properties, DaVita
Dialysis.
Joe Baldwin |
“We’re very pleased
to complete the acquisitions of these Atlanta medical properties with Brett
Buchwald and the SWAN group. They were great to work with,” said Joe Baldwin,
executive vice president, Elliott Bay Capital Trust.
Three of the
properties were purchased by Elliott Bay Capital Trust: 3620 Martin Luther King
Drive, Atlanta; 2669 Church Street, Atlanta; and 1987 Candler Road, Decatur,
Ga.
The fourth property
– 2485 Park Central Blvd., Decatur, Ga. – was purchased by a California-based
private investment group represented by David Tran of Transmercial.
David Tran |
CONTACT:
Steve Webb
Marketing Research Coordinator
P:
678.993.2935 F: 770.913.3966
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