Wednesday, February 21, 2018

Grover Corlew Sells Resurgens Park Buildings in Fayetteville, GA for $16.3 Million


Fayetteville, GA Professional-Use Buildings off Highway 54

FAYETTEVILLE, GA  (Feb. 21, 2018) – Florida-based real estate investment group Grover Corlew announces the development and sale of the Fayette Surgical Building, Fayette Medical Building and a parcel of undeveloped land on Highway 54 in Fayetteville, Ga. for $16.3 million. 

After developing Fayette Medical Building approximately 10 years ago, Grover Corlew recently completed the state-of-the-art Fayette Surgical Building for Resurgens Orthopaedics.

“Our firm specializes in identifying properties with attractive investment features and unique development possibilities, which were evident with this property,” said Partner Anuj Grover. “The buildings are ideally situated right off Highway 54 in the growing Atlanta suburb of Fayetteville, catty-corner to Piedmont Fayette Hospital which is a 221-bed community hospital that is among the most highly-ranked and awarded hospitals in the Southeast.”

Anuj Grover
Grover Corlew broke ground on the Fayette Surgical Building in late 2016 and completed the building in October 2017. 

Resurgens Fayette Surgery Center occupies 16,644 sq. ft. of space in the Fayette Surgical Building offering a high quality, service-oriented environment for out-patient orthopaedic surgical procedures. The adjacent 13,551 sq.-ft. space is occupied by Resurgens Orthopaedics and Spine Center, the largest orthopaedic group in the state of Georgia.

In addition to the Fayette Surgical Building, the sale included the nearby 17,500 sq.-ft. Fayette Medical Building, also leased to Resurgens Orthopaedics, and an adjacent excess land parcel.

For more information on this transaction, please contact:

Samantha Van Nuys
Pierson Grant Public Relations
6301 Northwest 5th Way, Suite 2600
Fort Lauderdale, FL  33309
P: (954) 776-1999  ext. 115
F: (954) 776-0290
svannuys@piersongrant.com
piersongrant.com                            
High Impact Digital

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