Jun
20
SGPS Snaps Up Atlanta-Area Medical Office Portfolio
ByThe strategic location and accessibility of the assets will help the new owner fill the properties’ remaining vacancies by attracting tenants focused on surgical and diagnostic specialty centers.
Shailendra Group Property Services acquired a two-building medical office portfolio in Douglasville, Ga. Totaling 41,772 square feet, Douglasville Medical Center and Prestley Mill Medical Center changed hands in a $7.5 million deal.
Located at 8820 Hospital Drive, the two-story, 16,167-square-foot Douglasville Medical Center is part of WellStar Douglas Hospital’s campus. Its tenants include a neck and back pain specialist and an oral surgery office, along with the 108-bed hospital…