Gainesville Medical Office Portfolio

Two-Property Medical Office Portfolio | Gainesville, GA

Transaction Details

Transaction Value:
$50.0 million

Location:
Gainesville, GA

Total Size:
124,963 SF

Properties:
2 Medical Office Buildings

Transaction Type:
Portfolio Sale

Occupancy:
Fully Leased

Key Highlights

Multi-Specialty

Premier Location

Strong Demographics

Property Overview

CREG Healthcare successfully represented the seller in the $50.0 million sale of a two-property medical office portfolio in Gainesville, Georgia, totaling 124,963 square feet of premier medical office space serving the northeast Atlanta market.

Transaction Highlights

This strategic portfolio transaction represents one of the most significant medical office sales in the Gainesville market. Located in one of Georgia's fastest-growing metropolitan areas, the two buildings feature modern construction, excellent visibility, and proximity to Northeast Georgia Medical Center, providing exceptional access to specialist physicians and strong patient referral networks.

Property Features

Premier Healthcare Corridor

Located in Gainesville's established medical district with excellent proximity to the region's leading hospital and healthcare providers.

Multi-Specialty Tenant Mix

Diverse tenant roster including orthopedics, cardiology, primary care, and diagnostic services providing stable occupancy and rent rolls.

Strong Demographics

Serving the rapidly growing northeast Atlanta market with favorable population growth and household income trends.

Modern Infrastructure

42,000 SF of well-maintained medical office space with ample parking, modern systems, and flexible floor plans.

Why This Transaction Succeeded

Market Positioning: Gainesville's position as a regional healthcare hub attracted significant buyer interest from institutional medical office investors.
Portfolio Efficiency: Two-property structure provided diversification while maintaining operational efficiency for property management.
Tenant Quality: Strong tenant roster of established medical practices with long operating histories in the market.
Growth Market: Northeast Georgia's robust population and economic growth trends enhanced investor confidence.
Competitive Process: Strategic marketing campaign to healthcare-focused buyers generated multiple competitive offers.

Transaction Outcome

The portfolio sold for $50.0 million to a healthcare-focused REIT, representing a premium valuation driven by the portfolio's quality, location, and market fundamentals. The transaction showcased CREG Healthcare's ability to execute complex portfolio sales while maximizing value for physician-owners in high-growth markets.

"CREG Healthcare's deep understanding of the Gainesville market and their relationships with institutional medical office buyers resulted in a highly competitive process that exceeded our expectations."

Gainesville Medical Office Portfolio
Gainesville Medical Office Portfolio