 |
| Atlanta Medical Center, 1000 Corporate Center Drive, Morrow, GA |
ATLANTA, GA (Dec.
17, 2013) – Bull Realty brokered the $5.8 million sale of 1000 Corporate
Center Drive, a 38,000-square-foot medical office building in Morrow, Ga.,
approximately 15 miles south of downtown Atlanta.
 |
| Paul Zeman |
Paul Zeman, President of Bull Realty’s National
Healthcare Capital Markets Group and a Partner at the firm, represented the
seller. Skokie, IL-based Stage Equity Partners purchased the property.
The building, which was built in 1991, is fully occupied.
Its tenants include Tenet Healthcare’s Atlanta Medical Center Family Practice
and the Clayton Eye Center.
“Medical office buildings have proven their resiliency,
delivering solid net operating incomes in both good times and bad,” Zeman said.
“We have seen intense investor interest in MOBs for a while and we expect that
to continue as buyers seek assets that offer consistent performance in all
types of economic conditions.”
For a complete
copy of the company’s news release, please contact:
Stephen Ursery •The Wilbert Group
1720 Peachtree St., Suite 350 • Atlanta, Ga. 30309
O: 404-549-7150 • M:
404-405-2354
No comments:
Post a Comment