• Case Studies
  • Leasing stabilization leads to sale of Decatur Medical Office Building
  • client
    Dr. Hamid Sadri
  • Industry
    Healthcare Practice
  • Services
    Investment Sale Advisory, Brokerage – Investment Sales
  • Geography
    Decatur, GA
  • Asset Type
    Medical Office
  • Square footage
    25,000 SF
  • relationship length
    10+ years

Michael was Initially hired to help lease vacant space in a newly developed medical building. The Building was constructed for owner’s practice and to lease up to other tenants. However, it remained 40% vacant while facing a challenging market.

Ultimately, the expertise extended to monetizing the fully leased building at 2545 Lawrenceville Hwy, Decatur in a sale to an investor group.

  • Facilitated the lease up of 10,000 SF of leases to Northside Hospital for Cancer Care and PET Imaging services.
  • Collaborative effort with Ownership helped improve operating performance.
  • Assisted in acquisition of additional adjacent land.
  • Delivered a profitable exit at sale of the asset by bringing a buyer directly above REIT pricing.

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