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CBRE Arranges Sale of Medical Office Building Portfolio in Fayetteville, Georgia

CBRE Arranges Sale of Medical Office Building Portfolio in Fayetteville, Georgia

CBRE has arranged the sale of two medical office buildings on the campus of Piedmont Fayette Hospital in Fayetteville, GA. Totaling 192,363 sq. ft., the portfolio was acquired by a joint venture between Remedy Medical Properties and Kayne Anderson Capital Advisors L.P. Lee Asher, Zack Holderman, Jordan Selbiger, Trent Jemmett and Cole Reethof from CBRE’s U.S Healthcare & Life Sciences Capital Markets practice represented Piedmont Healthcare in this transaction as seller’s agent .

Mr Asher , Vice Chairman at CBRE commented “This deal is a testament to healthcare investors’ confidence in medical facilities anchored by market-leading health systems located within growing metropolitan areas” . The two buildings are currently 97% leased with physician groups occupying 63% of them via recently signed 15 year leases . Services provided include surgery , orthopaedics , oncology , cardiology and pulmonary/critical care services amongst others .

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